According to the latest ICE Mortgage Monitor, overall delinquency rates remain below pre-pandemic levels, but this bears watching in the coming months, as default activity continues to trend off recent record lows. In addition their latest Home Price Index shows annual home price growth accelerating to 0.9% in April, up from a revised 0.7% in March, 2026.
A few key points:
- The national mortgage delinquency rate fell 37 basis points, or 10%, to 3.35% in March, roughly in line with typical seasonal patterns, which average a 10.3% decline for the month.
- Foreclosure starts were up 10% from February and 17% from a year ago. The 116k loans referred to foreclosure in the first quarter marked the largest quarterly volume since the first quarter of 2020, just before COVID-19 foreclosure protections took effect.
Click here to read the full report at ICE Mortgage Technology.
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