According to Cotality’s (formerly CoreLogic) latest Loan Performance Indicators report, in December 2025, the share of mortgages in some stage of delinquency (30 or more days past due, including foreclosures) was 3.2%, which was unchanged from 2024. However, in December 2025, 184 out of 384 U.S. metropolitan areas posted an annual increase in their overall delinquency rate.
“Delinquency activity ended 2025 on a remarkably even footing, with the national rate showing very little directional movement over the past several months…What stands out this quarter are the differences emerging at the local level. While the national picture appears calm, nearly half of metropolitan areas experienced an uptick in overall delinquencies, serious delinquencies, and foreclosures. That breadth of localized increases suggests that pockets of households are coming under greater financial strain, even if it’s not yet visible in the national aggregates. As we move into 2026, these metro‑level shifts will be important to watch for early signals of changing borrower performance.” Said Molly Boesel, senior principal economist at Cotality.
Click here to read the full report at Cotality.
Discover more from Real Estate Investing Today
Subscribe to get the latest posts sent to your email.
