Table
18. Mortgage Delinquencies and Foreclosures Started: 1986Present*
Period |
Delinquency Rates |
Foreclosures Started |
Total Past Due |
90 Days Past Due |
All |
Conv. |
FHA |
VA |
All |
Conv. |
FHA |
VA |
All |
Conv. |
FHA |
VA |
Annual
Averages |
1986 |
5.56 |
3.80 |
7.16 |
6.58 |
1.01 |
0.67 |
1.29 |
1.24 |
0.26 |
0.19 |
0.32 |
0.30 |
1987 |
4.97 |
3.15 |
6.56 |
6.21 |
0.93 |
0.61 |
1.19 |
1.17 |
0.26 |
0.18 |
0.34 |
0.32 |
1988 |
4.79 |
2.94 |
6.56 |
6.22 |
0.85 |
0.54 |
1.14 |
1.14 |
0.27 |
0.17 |
0.37 |
0.32 |
1989 |
4.81 |
3.03 |
6.74 |
6.45 |
0.79 |
0.50 |
1.09 |
1.09 |
0.29 |
0.18 |
0.41 |
0.37 |
1990 |
4.66 |
2.99 |
6.68 |
6.35 |
0.71 |
0.39 |
1.10 |
1.04 |
0.31 |
0.21 |
0.43 |
0.40 |
1991 |
5.03 |
3.26 |
7.31 |
6.77 |
0.80 |
0.46 |
1.25 |
1.11 |
0.34 |
0.27 |
0.43 |
0.42 |
1992 |
4.57 |
2.95 |
7.57 |
6.46 |
0.81 |
0.47 |
1.35 |
1.15 |
0.33 |
0.26 |
0.45 |
0.40 |
1993 |
4.22 |
2.66 |
7.14 |
6.30 |
0.77 |
0.45 |
1.40 |
1.16 |
0.32 |
0.24 |
0.48 |
0.42 |
1994 |
4.10 |
2.60 |
7.26 |
6.26 |
0.76 |
0.45 |
1.44 |
1.19 |
0.33 |
0.23 |
0.56 |
0.48 |
1995 |
4.24 |
2.77 |
7.55 |
6.44 |
0.74 |
0.43 |
1.46 |
1.17 |
0.33 |
0.23 |
0.53 |
0.50 |
1996 |
4.33 |
2.78 |
8.05 |
6.75 |
0.63 |
0.32 |
1.40 |
1.10 |
0.34 |
0.25 |
0.58 |
0.46 |
1997 |
4.31 |
2.82 |
8.13 |
6.94 |
0.58 |
0.32 |
1.22 |
1.15 |
0.36 |
0.26 |
0.62 |
0.51 |
1998 |
3.97 |
2.53 |
8.57 |
7.55 |
0.58 |
0.27 |
1.50 |
1.23 |
0.30 |
0.17 |
0.45 |
0.33 |
1999 |
3.97
|
2.53
|
8.57
|
7.55
|
0.58
|
0.27
|
1.50
|
1.23
|
0.30
|
0.22
|
0.59
|
0.44
|
2000 |
4.02
|
2.54
|
9.07
|
6.84
|
0.56
|
0.25
|
1.61
|
1.22
|
0.29
|
0.22
|
0.56
|
0.38
|
Quarterly
Data (Seasonally Adjusted) |
2000 |
|
2nd Quarter |
3.83
|
2.41
|
8.73
|
6.67
|
0.54
|
0.24
|
1.56
|
1.24
|
0.27
|
0.18
|
0.56
|
0.40
|
3rd Quarter |
4.01
|
2.55
|
9.02
|
6.76
|
0.56
|
0.25
|
1.58
|
1.16
|
0.31
|
0.25
|
0.54
|
0.38
|
4th Quarter |
4.50
|
2.84
|
10.16
|
7.48
|
0.61
|
0.26
|
1.81
|
1.29
|
0.30
|
0.22
|
0.56
|
0.34
|
|
2001 |
|
1st Quarter |
4.37
|
2.77
|
9.99
|
7.23
|
0.65
|
0.28
|
1.94
|
1.36
|
0.31
|
0.24
|
0.59
|
0.37
|
2nd Quarter |
4.63
|
2.93
|
10.79
|
7.63
|
0.69
|
0.30
|
2.07
|
1.46
|
0.36
|
0.27
|
0.71
|
0.44
|
*All
data are seasonally adjusted.
Source: National Delinquency Survey, Mortgage Bankers Association
|