Unemployment & Mortgage Delinquency Rates over 30 Years


A recent “chart of the week” from the Mortgage Bankers Association compared the relationship between the unemployment rate (BLS data) and the mortgage delinquency rate for all loans over the past 30 years.  Very interesting data…

“The close tracking between unemployment and mortgage delinquency rates from the period 1988-2008 appears less pronounced than from 2008-2018….Possible factors influencing this change include differences in mortgage product mix and criteria, borrower behavior and recession severity.”

Click here to read more at the Mortgage Bankers Association.


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Director of Education & Outreach, National Real Estate Investors Association