Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling below *** percent in the second quarter of 2023. In the second half of 2023, the delinquency rate picked up, but remained stable throughout 2024. In the first quarter of 2025, **** percent of mortgage loans were delinquent. That was significantly lower than the **** percent during the onset of the COVID-19 pandemic in 2020 or the peak of *** percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us? The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers eventually manage to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost ** trillion U.S. dollars in 2024. Not all mortgage loans are made equal ‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost ** percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under ** percent of all subprime mortgages in 2011.

Graph and download economic data for Delinquency Rate on Business Loans, All Commercial Banks (DRBLACBS) from Q1 1987 to Q1 2025 about delinquencies, commercial, business, loans, banks, depository institutions, industry, rate, and USA.

In the first quarter of 2025, roughly **** percent of all consumer loans at commercial banks in the United States were delinquent. The delinquency rate on this type of credit has been rising again since 2021. Loans are delinquent when the borrower does not pay their obligations on time. One of the reasons for the delinquency rate decreasing during the first years of the COVID-19 pandemic was that the personal saving rate in the U.S. soared during that period. What is the trend in consumer credit levels in the United States? Consumer credit refers to the various types of loans and credit extended to individuals for personal use, often to fund everyday purchases or larger expenses. When credit levels rise, it often signals that consumers are more confident in their ability to manage debt and make future payments. After a period of strong growth between 2021 and early 2023, consumer credit in the United States has been growing at a slower pace. By early 2024, consumer credit levels reached over **** trillion U.S. dollars. What is the main channel for acquiring consumer credit? In 2024, the leading type of consumer credit among consumers in the U.S. was credit card bills. Credit card usage in the North American country was substantial and credit card penetration was expected to reach over **** percent by 2029. Car loans ranked next as a common source of consumer credit, while other types of debt, such as medical bills, home equity lines of credit, and personal educational loans, had lower percentages.

Graph and download economic data for Delinquency Rate on Commercial Real Estate Loans (Excluding Farmland), Booked in Domestic Offices, All Commercial Banks (DRCRELEXFACBS) from Q1 1991 to Q1 2025 about farmland, domestic offices, delinquencies, real estate, commercial, domestic, loans, banks, depository institutions, rate, and USA.

United States - Delinquency Rate on Business Loans, All Commercial Banks was 1.30% in January of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Business Loans, All Commercial Banks reached a record high of 6.75 in April of 1987 and a record low of 0.72 in October of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on Business Loans, All Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

United States Delinquency Rate: Other Banks: Agricultural data was reported at 1.660 % in Mar 2018. This records an increase from the previous number of 0.970 % for Dec 2017. United States Delinquency Rate: Other Banks: Agricultural data is updated quarterly, averaging 1.860 % from Mar 1987 (Median) to Mar 2018, with 125 observations. The data reached an all-time high of 9.670 % in Mar 1987 and a record low of 0.390 % in Dec 2014. United States Delinquency Rate: Other Banks: Agricultural data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

Graph and download economic data for Delinquency Rate on Loans to Finance Agricultural Production, All Commercial Banks (DRFAPGACBN) from Q1 1987 to Q1 2025 about delinquencies, finance, agriculture, commercial, production, loans, banks, depository institutions, rate, and USA.

United States Delinquency Rate: sa: Consumer: Others data was reported at 2.050 % in Sep 2018. This records an increase from the previous number of 2.030 % for Jun 2018. United States Delinquency Rate: sa: Consumer: Others data is updated quarterly, averaging 2.760 % from Mar 1991 (Median) to Sep 2018, with 111 observations. The data reached an all-time high of 3.700 % in Jun 2009 and a record low of 1.820 % in Mar 2016. United States Delinquency Rate: sa: Consumer: Others data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB002: Commercial Banks: Charge Off and Delinquency Rates.

Graph and download economic data for Delinquency Rate on Consumer Loans, All Commercial Banks (DRCLACBS) from Q1 1987 to Q1 2025 about delinquencies, commercial, loans, consumer, banks, depository institutions, rate, and USA.

United States Delinquency Rate: Other Banks: Total data was reported at 1.370 % in Mar 2018. This records an increase from the previous number of 1.300 % for Dec 2017. United States Delinquency Rate: Other Banks: Total data is updated quarterly, averaging 2.590 % from Mar 1985 (Median) to Mar 2018, with 133 observations. The data reached an all-time high of 5.670 % in Mar 2010 and a record low of 1.300 % in Dec 2017. United States Delinquency Rate: Other Banks: Total data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

Federal Housing Administration (FHA) loans had the highest delinquency rate in the United States in 2024. As of the second quarter of the year, **** percent of one-to-four family housing mortgage loans were ** days or more delinquent. This percentage was lower for conventional loans and Veterans Administration loans. Despite a slight increase, the delinquency rate for all mortgages was one of the lowest on record.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q1 2025 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

United States Delinquency Rate: Other Banks: Real Estate data was reported at 1.240 % in Mar 2018. This records an increase from the previous number of 1.200 % for Dec 2017. United States Delinquency Rate: Other Banks: Real Estate data is updated quarterly, averaging 2.360 % from Mar 1987 (Median) to Mar 2018, with 125 observations. The data reached an all-time high of 6.530 % in Mar 2010 and a record low of 1.190 % in Jun 2017. United States Delinquency Rate: Other Banks: Real Estate data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

United States Delinquency Rate: Real Estate: Commercial data was reported at 0.780 % in Mar 2018. This records an increase from the previous number of 0.740 % for Dec 2017. United States Delinquency Rate: Real Estate: Commercial data is updated quarterly, averaging 2.180 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 12.490 % in Mar 1991 and a record low of 0.740 % in Dec 2017. United States Delinquency Rate: Real Estate: Commercial data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

As of March 2025, the 30-day delinquency rate for commercial mortgage-backed securities (CMBS) varied per property type. The share of late payments for office CMBS was the highest at over **** percent, about ***** percentage points higher than the average for all asset classes. A 30-day delinquency refers to payments that are one month late, regardless of how many days the month has. Commercial mortgage-backed securities are fixed-income investment products which are backed by mortgages on commercial property.

The delinquency rate on real estate loans at commercial banks in the United States rose slightly between the fourth quarter of 2022 and the fourth quarter of 2024. Nevertheless, delinquencies remained below the 2020 levels, when the share of loans past due 30 days rose due to the COVID-19 pandemic. Recently, the gap between residential and commercial real estate loans has narrowed, with the delinquency rate for commercial real estate rising faster than for residential.

The delinquency rates on commercial and industrial loans at commercial banks in the United States has remained relatively stable in the years leading to 2024. As of the second quarter 2021, the delinquency rate on business loans at commercial banks in the United States stood at **** percent, a figure that decreased to **** percent by the third quarter of 2023, only to rise to *** percent in the last quarter of 2024.

United States Delinquency Rate: sa: Consumer: Credit Cards data was reported at 2.490 % in Sep 2018. This records an increase from the previous number of 2.480 % for Jun 2018. United States Delinquency Rate: sa: Consumer: Credit Cards data is updated quarterly, averaging 4.150 % from Mar 1991 (Median) to Sep 2018, with 111 observations. The data reached an all-time high of 6.770 % in Jun 2009 and a record low of 2.120 % in Jun 2015. United States Delinquency Rate: sa: Consumer: Credit Cards data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB002: Commercial Banks: Charge Off and Delinquency Rates.

United States Delinquency Rate: sa: Other Banks: Agricultural data was reported at 1.320 % in Jun 2018. This records an increase from the previous number of 1.230 % for Mar 2018. United States Delinquency Rate: sa: Other Banks: Agricultural data is updated quarterly, averaging 1.940 % from Mar 1987 (Median) to Jun 2018, with 126 observations. The data reached an all-time high of 7.860 % in Mar 1987 and a record low of 0.470 % in Dec 2014. United States Delinquency Rate: sa: Other Banks: Agricultural data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB002: Commercial Banks: Charge Off and Delinquency Rates.

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q1 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.