According to the latest ICE Mortgage Monitor, the national delinquency rate dropped 16 basis points (bps) in December 2025, landing at 3.68% after November’s calendar-related spike. They say while early-stage delinquencies improved, 90-day+-delinquencies rose by 30k and are at their highest point in nearly three years – and 19K more than last year. In addition, December alone saw 40k foreclosure starts, the 3rd highest monthly tally of the year, with activity picking up noticeably in the final months of 2025.
Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).
