Surprising rise in mortgage delinquencies: Here's what to know

BreakdownGenerated by LeadStory AI

• Mortgage delinquencies, while still low, have begun to rise, especially among FHA loans. 16s
• Early-stage delinquencies increased from 0.92% in April to 1.03% in May. 32s
• The rise is led by borrowers with near prime, prime, and super prime credit scores. 48s
• Overall delinquencies are up 5.2% year-over-year, with serious delinquencies up 14%. 1m 11s
• Selling or renting homes remains an option for distressed borrowers, but both are becoming more difficult. 2m 2s