Delinquency Rates for Mortgage and Credit Cards Decline, While Auto Loan Rates Rise

The Industry Insights Report

In Q3 2014, the national mortgage delinquency rate dropped for the 11th consecutive quarter. For credit cards, the delinquency rate remained relatively steady, declining to 1.34%. The auto loan delinquency rate increased to 1.16%, but remained below levels observed a few years ago.

To gain further insights into mortgage, credit card and auto loan delinquency trends, contact your TransUnion representative to request the full Industry Insights Report. If you do not have a TransUnion contact, please call 844-245-4071.

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Delinquency Rates for Mortgage and Credit Cards Decline, While Auto Loan Rates Rise

The Industry Insights Report

In Q3 2014, the national mortgage delinquency rate dropped for the 11th consecutive quarter. For credit cards, the delinquency rate remained relatively steady, declining to 1.34%. The auto loan delinquency rate increased to 1.16%, but remained below levels observed a few years ago.

To gain further insights into mortgage, credit card and auto loan delinquency trends, contact your TransUnion representative to request the full Industry Insights Report. If you do not have a TransUnion contact, please call 844-245-4071.

Scroll down for more insights.

The Industry Insights Report

The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) dropped for the 11th consecutive quarter, declining to 3.36% in Q3 2014.

The mortgage delinquency rate has now dropped nearly 17% in the last year.

Total Mortgage Account Volume

Total Account Volume in Millions

Comparison of State Mortgage Delinquency Rates

Between the third quarter of 2013 and the third quarter of 2014, every state experienced declines in their mortgage delinquency rates.

Mortgage Loan Delinquency Rate Percentages, by State

The national credit card delinquency rate (the rate of borrowers 90 or more days past due) decreased to 1.34% at the end of Q3 2014.

Credit card debt per borrower since 2008

Comparison of State Credit Card Delinquency Rates

Between the third quarters of 2013 and 2014, 18 states experienced a rise in their credit card delinquency rates.

Credit Card Delinquency Rate Percentages, by State

In the last year, the national auto loan delinquency rate (the rate of borrowers 60 or more days past due) increased to 1.16% at the end of Q3 2014.

Auto loan debt per borrower since 2008

Comparison of State Auto Loan Delinquency Rates

Between the third quarters of 2013 and 2014, all but two states -- Hawaii and Oklahoma -- experienced increases in their auto loan delinquency rates.

Auto Loan Delinquency Rate Percentages, by State

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To gain further insights into mortgage, credit card and auto loan delinquency trends, contact your TransUnion representative to request the full Industry Insights Report. If you do not have a TransUnion contact, please call 844-245-4071.

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