Delinquency Rates

Late-Payment Rate on U.S. Mortgages Hits 4-Year Low

Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.

Fewer Americans Late on Mortgages in Third Quarter

U.S. homeowners are doing better at keeping up with their mortgage payments, aided by an improving housing market and more refinancing opportunities. The percentage of mortgage holders at least two months behind on their payments fell in the third quarter to 5.41%, the lowest point in more than three years.

Putting Consumer Debt Into a Bigger Perpsective

Before the Great Recession, U.S. consumer debt had risen fairly steadily for more than a decade. With the downturn, it finally dropped...until December's small rise. However, a longer look at the trend of ever-rising debt shows that America is still extraordinarily overextended.