The report also examines delinquency rates.
- “The delinquency rates for mortgages, HELOCs, auto loans, and credit cards peaked noticeably in the years following the recession, and have since fallen.”
- For mortgages, 3.1% are at least 90 days delinquent, which is well above the 1% to 1.5% rate before the recession.
- Credit card delinquency rates continue to improve and are near the lowest rates since data collection began in 1999.
- Student loans that are at least 90 days delinquent continue to increase.