Mortgage delinquency rates increased in most states in 2024. That year, the percentage of total mortgage debt that was more than ** days delinquent was the highest in Louisiana, at **** percent. Conversely, Wisconsin and Montana had the lowest delinquency rates, at under **** percent. The overall mortgage delinquency rate in the United States declined since spiking at the beginning of the pandemic, as the U.S. job market rebounded over the course of 2020 and 2021.

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.

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.

As a result of the coronavirus (COVID-19) crisis, many people worldwide faced job insecurity and income disruption. For mortgage borrowers in the United States, this means increased risk of delayed loan repayment, default and foreclosure.

In April 2020, the share of single-family housing mortgages owned by Freddie Mac that were in forbearance and delinquent for ** days spiked to ** percent. One year later, as of April 2021, approximately ** percent of the mortgage loans in forbearance were delinquent for over *** days.

Delinquency rates rose across all U.S. states in 2022, with Mississippi ranking as the state with the highest share of mortgage loans which were between ** and ** days past due. As of December 2022, the average delinquency rate in the country was *** percent, while in Mississippi, it stood at three percent. Wisconsin, Washington, and Oregon had the lowest delinquency rates during that period.

In 2023, the loan default rate in Brazil among men was *** percent, while the default rate for women was *** percent. According to the displayed data, the loan default rate has decreased since 2015, until it rose significantly in 2021 and 2022.

United States - Delinquency Rate on Credit Card Loans, All Commercial Banks was 3.05% in January of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on Credit Card Loans, All Commercial Banks reached a record high of 6.77 in April of 2009 and a record low of 1.53 in July of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on Credit Card Loans, All Commercial Banks - last updated from the United States Federal Reserve on August of 2025.

Delinquency rates for credit cards picked up in 2025 in the United States, leading to the highest rates observed since 2008. This is according to a collection of one of the United States' federal banks across all commercial banks. The high delinquency rates were joined by the highest U.S. credit card charge-off rates since the Financial Crisis of 2008. Delinquency rates, or the share of credit card loans overdue a payment for more than ** days, can sometimes lead into charge-off, or a writing off the loan, after about six to 12 months. These figures on the share of credit card balances that are overdue developed significantly between 2021 and 2025: Delinquencies were at their lowest point in 2021 but increased to one of their highest points by 2025. This is reflected in the growing credit card debt in the United States, which reached an all-time high in 2023.

Days-of-Sales-Outstanding Time Series for Markel Corporation. Markel Group Inc., through its subsidiaries, engages in the insurance business in the United States and internationally. It offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, windstorm, hail, water damage, and other property coverages comprising catastrophe-exposed property risks, such as earthquake and wind. The company also offers credit and surety products, and collateral protection insurance products. In addition, it offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products, including credit and surety, workers' compensation, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence. Further, the company provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as leasing and other services. Additionally, the company offers a range of investment products, including insurance-linked securities comprising catastrophe bonds, insurance swaps, traditional reinsurance contracts, industry loss warranties, and other financial instruments; and program services. It also operates as an investment fund manager. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is headquartered in Glen Allen, Virginia.

As a result of the coronavirus (COVID-19) crisis, many people worldwide faced job insecurity and loss of income. For mortgage borrowers in the United States, this means increased risk of delayed loan repayment, default and foreclosure.

Between ******** and ********, the value of single-family housing mortgages owned by Freddie Mac in the United States that were over *** days delinquent spiked from approximately *** billion U.S. dollars to over **** billion U.S. dollars. Nevertheless, the total value of delinquent loans fell significantly, from roughly **** billion U.S. dollars to approximately **** billion U.S. dollars. A similar trend can be observed with the number of delinquent loans.

Price-To-Book-Ratio Time Series for Markel Corporation. Markel Group Inc., through its subsidiaries, engages in the insurance business in the United States and internationally. It offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, windstorm, hail, water damage, and other property coverages comprising catastrophe-exposed property risks, such as earthquake and wind. The company also offers credit and surety products, and collateral protection insurance products. In addition, it offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products, including credit and surety, workers' compensation, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence. Further, the company provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as leasing and other services. Additionally, the company offers a range of investment products, including insurance-linked securities comprising catastrophe bonds, insurance swaps, traditional reinsurance contracts, industry loss warranties, and other financial instruments; and program services. It also operates as an investment fund manager. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is headquartered in Glen Allen, Virginia.

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.

Loan administration and cheque cashing services endured mixed results amid economic volatility during the pandemic and the continued effects of high interest rates on Canadian businesses and consumers alike. Canadian consumers' appetite for debt has boosted the industry by sustaining demand for consumer financing, mortgages and cash services for businesses. However, sharp economic volatility in 2020 forced consumers and businesses to shift their borrowing preferences away from traditional banking clients, causing revenue to spike in 2020. While a temporary economic recovery in 2021 caused consumers to revert back to traditional financial norms, the effects of high inflation and interest rates severely influenced how clients pursue their financial goals. Broader growth in core loan vehicles, such as auto loans and mortgages, in 2024 further cemented administrator demand. Nonetheless, continued competition from digital alternatives and external competitors curtailed larger rates of growth, with revenue rising an annualized 3.2% to an estimated $1.8 billion through the end of 2024, including an estimated 2.1% boost in 2024 alone. Profit followed a similar trend, as higher rates of loan demand and lowering of operational expenses facilitated greater profitability for administrators. Canadian GDP growth has largely been driven by trends in consumption. As interest rates spiked in 2023, Canadians have had to alter their spending habits and patterns. The continued upward push of Canadians living paycheck to paycheck further discouraged demand for traditional banks and provided a more diversified revenue stream among younger and underbanked consumers. This reliance on debt to make monthly payments also provides administrators with steady demand for their payday loan offerings. But in an environment where most payday loans made are to consumers with a higher probability of default, mounting household debt runs the risk of insolvency and industry contraction. Additionally, mounting external competition from digital payment platforms undermined administrator demand, with consumers having more opportunities via digital platforms to meet their digital needs. Moving forward, loan administration and cheque cashing services will continue to benefit from uncertainty surrounding interest rates and general economic shakiness among downstream customers. However, anticipated changes in regulations surrounding payday loans and interest rates will enhance compliance costs and curtail profitability. Lastly, increased external competition from commercial banks, credit unions and emerging financial technology companies via payment platforms like Zelle and Venmo will likely put downward pressure on niche services such as cheque cashing, money order issuance, travellers' cheque issuance and payday loans. Revenue is expected to fall an annualized 2.4% to an estimated $1.6 billion through the end of 2029.

Key information about Malaysia Non Performing Loans Ratio

• Malaysia Non Performing Loans Ratio stood at 1.5 % in Jan 2025, compared with the ratio of 1.4 % in the previous month
• Malaysia Non Performing Loans Ratio data is updated monthly, available from Dec 2005 to Jan 2025
• The data reached an all-time high of 9.5 % in Feb 2006 and a record low of 1.4 % in Sep 2020

CEIC calculates monthly Non Performing Loans Ratio from monthly Non Performing Loans and monthly Total Loans. Bank Negara Malaysia provides Non Performing Loans and Total Loans. Non Performing Loans are defined as loans overdue for more than 90 days. Non Performing Loans Ratio prior to July 2021 is based on the old methodology.


Further information about Malaysia Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Malaysia increased 3.4 % YoY in Jan 2025
• Malaysia Foreign Exchange Reserves was measured at 108.1 USD bn in Feb 2025
• The Foreign Exchange Reserves equaled 6.3 Months of Import in May 2023
• The country's Domestic Credit reached 634.4 USD bn in Jan 2025, representing an increased of 4.3 % YoY
• Household Debt of Malaysia reached 334.3 USD bn in Dec 2023, accounting for 84.2 % of the country's Nominal GDP

Documentation

Project Name: Evaluating Village Savings and Loan Associations (VSLA)

PIs: Dean Karlan, Beniamino Savonittob, Bram Thuysbaert, Christopher Udry

Research Paper: https://www.povertyactionlab.org/sites/default/files/publications/Impact-of-savings-group-on-the-lives-of-the-poor_Dean-et-al_February2017.pdf

Project ID: 255

Location: Mzimba, Mchinji, Zomba and Lilongwe districts, Malawi

Sample: 4560 households selected from 380 villages across 4 districts in Malawi.

Timeline: 2009 to 2011

More Information: https://www.povertyactionlab.org/evaluation/evaluating-village-savings-and-loans-associations-malawi

Section 2

Description and codebook for subset of harmonized variables:

Section 3

Surveys:

Section 4

Project Name: Evaluating Village Savings and Loan Associations (VSLA)

PIs: Dean Karlan, Beniamino Savonittob, Bram Thuysbaert, Christopher Udry

Research Paper: https://www.povertyactionlab.org/sites/default/files/publications/Impact-of-savings-group-on-the-lives-of-the-poor_Dean-et-al_February2017.pdf

Project ID: 130

Location: Northern Ghana

Sample: 180 villages in 2 districts in Ghana’s Northern Region

Timeline: 2008 to 2012

More Information: https://www.povertyactionlab.org/evaluation/evaluating-village-savings-and-loan-associations-ghana

Section 5

Surveys:

Section 6

Project Name: Evaluating Village Savings and Loan Associations (VSLA)

PIs: Dean Karlan, Beniamino Savonittob, Bram Thuysbaert, Christopher Udry

Research Paper: https://www.povertyactionlab.org/sites/default/files/publications/Impact-of-savings-group-on-the-lives-of-the-poor_Dean-et-al_February2017.pdf

Project ID: 265

Location: 7 districts in South West and Eastern Uganda

Sample: 4508 households randomly selected from 392 villages

Timeline:2009 to 2011

More information: https://www.povertyactionlab.org/evaluation/evaluating-village-savings-and-loan-associations-uganda

Section 7

Surveys:

Section 8

This dataset was created on 2021-10-06 20:26:37.609 by merging multiple datasets together. The source datasets for this version were:

Evaluation of CARE Village Savings & Loans Associations Program Malawi (Non GIS): This is a panel dataset at the household member level for all villages sampled in Malawi. The "FPrimary" variable uniquely identifies each female head of household, and the member_id identifies each member within the household. This version of the dataset does not contain geolocation information (latitude/ longitude coordinates).

Evaluation of CARE Village Savings & Loans Associations Program Ghana (Non GIS): This is a panel dataset at the household member level for all villages sampled in Ghana. The "FPrimary" variable uniquely identifies each female head of household, and the member_id identifies each member within the household. This version of the dataset does not contain geolocation information (latitude/ longitude coordinates).

Evaluation of CARE Village Savings & Loans Associations Program Uganda (Non GIS): This is a panel dataset at the household member level for all villages sampled in Uganda. The "FPrimary" variable uniquely identifies each female head of household, and the member_id identifies each member within the household. This version of the dataset does not contain geolocation information (latitude/ longitude coordinates).

The foreclosure rate in the United States has experienced significant fluctuations over the past two decades, reaching its peak in 2010 at **** percent following the financial crisis. Since then, the rate has steadily declined, with a notable drop to **** percent in 2021 due to government interventions during the COVID-19 pandemic. In 2024, the rate stood slightly higher at **** percent but remained well below historical averages, indicating a relatively stable housing market. Impact of economic conditions on foreclosures The foreclosure rate is closely tied to broader economic trends and housing market conditions. During the aftermath of the 2008 financial crisis, the share of non-performing mortgage loans climbed significantly, with loans 90 to 180 days past due reaching *** percent. Since then, the share of seriously delinquent loans has dropped notably, demonstrating a substantial improvement in mortgage performance. Among other things, the improved mortgage performance has to do with changes in the mortgage approval process. Homebuyers are subject to much stricter lending standards, such as higher credit score requirements. These changes ensure that borrowers can meet their payment obligations and are at a lower risk of defaulting and losing their home. Challenges for potential homebuyers Despite the low foreclosure rates, potential homebuyers face significant challenges in the current market. Homebuyer sentiment worsened substantially in 2021 and remained low across all age groups through 2024, with the 45 to 64 age group expressing the most negative outlook. Factors contributing to this sentiment include high housing costs and various financial obligations. For instance, in 2023, ** percent of non-homeowners reported that student loan expenses hindered their ability to save for a down payment.

As a result of the coronavirus (COVID-19) crisis, many people worldwide faced job insecurity and loss of income. For mortgage borrowers in the United States, this means increased default and foreclosure risk. Forbearance is a type of borrower assistance which allows the lender to negotiate a temporary postponement of a mortgage repayment. It allows a payment period relief in lieu of the creditor foreclosing on any property that was used as collateral for the loan.

As of March 2022, New York was one of the states in the United States with highest forbearance rate for Freddie Mac single-family housing loans with approximately **** percent of current loans in forbearance.

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.

Car loan interest rates in the United States decreased since mid-2024. Thus, the period of rapidly rising interest rates, when they increased from 3.85 percent in December 2021 to 7.92 percent in June 2024, has come to an end. The Federal Reserve interest rate is one of the main causes of the interest rates of loans rising or falling. If inflation stays under control, the Federal Reserve will start cutting the interest rates, which would have the effect of the cost of car loans falling too. How many cars have financing in the United States? Car financing exists because not everyone who wants or needs a car can purchase it outright. A financial institution will then lend the money to the customer for purchasing the car, which must then be repaid with interest. Most new vehicles in the United States in 2024 were purchased using car loans. It is not as common to use car loans for purchasing used vehicles as for new ones, although over a third of used vehicles were purchased using loans. The car industry in the United States The car financing business is huge in the United States, due to the high sales of both new and used vehicles in the country. A lot of the United States is very car-centric, which means that, outside large cities, it can often be difficult to do their daily commutes through other transportation methods. In fact, only a small percentage of U.S. workers used public transport to go to work. That is one of the factors that has helped establish the importance of the automotive sector in North America. Nevertheless, there are still countries in Asia-Pacific, Africa, the Middle East, and Europe with higher car-ownership rates than the United States.