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 |
4.07
|
2.62
|
8.58
|
6.80
|
0.59
|
0.28
|
1.51
|
1.24
|
0.31
|
0.22
|
0.59
|
0.44
|
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) |
2001 |
|
3rd Quarter
|
4.83 |
3.11 |
11.29 |
8.03 |
0.72 |
0.32 |
2.19 |
1.51 |
0.37 |
0.28 |
0.75 |
0.46 |
4th Quarter
|
4.67 |
3.01 |
11.03 |
7.73 |
0.73 |
0.33 |
2.25 |
1.54 |
0.37 |
0.27 |
0.78 |
0.43 |
2002
|
|
1st Quarter
|
4.65 |
3.04 |
11.23 |
7.81 |
0.71 |
0.35 |
2.14 |
1.50 |
0.37 |
0.27 |
0.81 |
0.47 |
2nd Quarter
|
4.77 |
3.10 |
11.81 |
8.00 |
0.78 |
0.40 |
2.40 |
1.62 |
0.40 |
0.29 |
0.90 |
0.49 |
3rd Quarter
|
4.66 |
3.04 |
11.62 |
7.81 |
0.82 |
0.41 |
2.50 |
1.67 |
0.37 |
0.28 |
0.81 |
0.46 |
*All
data are seasonally adjusted.
Source: National Delinquency Survey, Mortgage Bankers Association
|