Delinquency Rates Remain Low for Auto Loans, Credit Cards and Mortgages

The Industry Insights Report

In Q2 2014, the national mortgage delinquency rate dropped once again to 3.46%. The credit card delinquency rate also declined to its lowest level - 1.16% - since TransUnion began tracking this variable. Auto loan delinquency rates rose on a year-over-year basis to 0.95%. However, the auto loan delinquency rate remains below the Q2 average of 1.05% observed between 2007 and 2014. See below for details.

For further insights into mortgage, credit card and auto loan delinquency trends, contact your TransUnion representative.

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Delinquency Rates Remain Low for Auto Loans, Credit Cards and Mortgages

The Industry Insights Report

In Q2 2014, the national mortgage delinquency rate dropped once again to 3.46%. The credit card delinquency rate also declined to its lowest level - 1.16% - since TransUnion began tracking this variable. Auto loan delinquency rates rose on a year-over-year basis to 0.95%. However, the auto loan delinquency rate remains below the Q2 average of 1.05% observed between 2007 and 2014. See below for details.

For further insights into mortgage, credit card and auto loan delinquency trends, contact your TransUnion representative.

Get more insights

The Industry Insights Report

The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) dropped for the tenth consecutive quarter, declining to 3.46% in Q2 2014.

The mortgage delinquency rate has now dropped nearly 20% in the last year.

Quarterly Percentage Increase/Decrease

The 60-day mortgage delinquency rate dropped approximately 4% between Q1 2014 and Q2 2014.

Total Mortgage Account Volume

Total Account Volume in Millions



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Comparison of State Mortgage Delinquency Rates

Between the second quarter of 2013 and the second 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 1.16% at the end of Q2 2014.

Credit card debt per borrower since 2008

Comparison of State Credit Card Delinquency Rates

Between the second quarters of 2013 and 2014 Alaska was the only state that experienced a rise in its credit card delinquency rate.

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 0.95% at the end of Q2 2014.

Auto loan debt per borrower since 2008

Comparison of State Auto Loan Delinquency Rates

Between the second quarters of 2013 and 2014, only six states experienced either a decline or had their auto loan delinquency rates remain the same.

Auto Loan Delinquency Rate Percentages, by State

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