Cause for concern? FHA, VA delinquencies are rising quickly
Housing Wire
FEBRUARY 6, 2025
The seriously delinquent rate (loans that are at least 90 days overdue, plus those in foreclosure) for FHA loans is 4.12%, roughly three times higher than the 1.14% rate for conventional loans. The seasonally adjusted mortgage delinquency rate for all outstanding loans increased compared to the third quarter of 2024.
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