Table from Encarta

Mortgage Delinquency and Foreclosure Rates in the United States

Item 1990 1995 2000 2003
Delinquency rates,1 total 4.7 4.3 4.5 4.8
Conventional loans 3.0 2.8 3.2 3.5
VA loans 6.4 6.4 6.8 8.0
FHA loans 6.7 7.6 9.1 12.2
Foreclosure rates,2 total 0.9 0.9 1.2 1.3
Conventional loans 0.7 0.7 1.0 1.1
VA loans 1.2 1.3 1.2 1.6
FHA loans 1.3 1.4 1.7 2.8
Data in percent. VA = Veterans Administration. FHA = Federal Housing Administration.

1. Number of loans delinquent 30 days or more as percentage of mortgage loans serviced in survey. Annual average of quarterly figures.

2. Percentage of loans in the foreclosure process at year end, not seasonally adjusted.

Source: Mortgage Bankers Association of America.
Appears in these articles:
Mortgage
* Exclusively for MSN Encarta Premium Subscribers. Join Now
Advertisement

Englishtown: Learn English online
Encarta RSS Feeds
© 2008 Microsoft