“Seriously Delinquent” Mortgage Debt 90+ Day Delinquency, Percentage by Quarter since 2006*
2009 - 2010
9
Percentage of Mortgage Debt Balance 90+ Days Delinquent
8
To a large degree due to long-term, fixed-rate mortgages taken out during an extended period of extremely low interest rates, plus significant home-price appreciation since time of purchase, the U.S. mortgage serious-delinquency rate remains close to a historic low, well below 1%.
7
6
5
Foreclosure crisis & great recession
4
3
2
Updated through Q3 2024
1
0
Per Federal Reserve Bank of New York: https://www.newyorkfed.org/microeconomics/hhdc.html. Data from sources deemed reliable but may contain errors and subject to revision. All numbers should be considered approximate.
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