FHA Mortgage Delinquency Rate Was 11.79% in Q2 2026: Bank-Held Mortgages at 1.9%
In the Mortgage Bankers Association National Delinquency Survey, 11.79% of FHA loans were at least one payment behind in Q2 2026, little changed from 11.88% in Q1 2026. The Federal Reserve Board's bank-booked single-family mortgage rate was 1.9% in Q2 2026, the same as in Q1 2026. MBA, Federal Reserve Board and New York Fed data, updated quarterly.
What Is the Current Mortgage Delinquency Rate?
The FHA delinquency rate was 11.79% in Q2 2026, up from 10.57% a year earlier, according to the Mortgage Bankers Association. That's the share of FHA-insured loans in MBA's survey at least one payment behind, not counting loans already in foreclosure.
The Federal Reserve Board's bank-booked single-family mortgage rate was 1.9% in Q2 2026, the same as in Q1 2026. It's a different measure: the share of mortgage dollars on commercial banks' books 30 or more days past due or in nonaccrual, and it includes FHA and VA loans. The bank-booked rate is a direct input to the American Distress Index's Delinquency domain; the FHA rate is context. The index currently reads 47.0 (Typical). The composite itself sits higher than 44% of all published quarters since 2005.
Key Statistics at a Glance
The American Distress Index currently reads 47.0 (Typical). The composite itself sits higher than 44% of all published quarters since 2005. The bank-booked mortgage delinquency rate feeds the index's Delinquency domain. FHA performance is context the index sits alongside.
What the FHA Rate Covers
FHA insures mortgages that allow down payments as low as 3.5%. MBA's rate covers FHA-insured first-lien loans serviced by the companies that take part in its voluntary survey, not every FHA loan in the country. MBA counts loans in forbearance, and since late 2025 loans in required FHA trial payment plans, as delinquent, so reporting rules move the rate as well as borrower hardship. The stored series has gaps before 2023, so this page doesn't call any FHA reading a record. For the thesis on what the FHA divergence means, see The FHA Signal.
FHA Delinquency Rate Over Time
Source: Mortgage Bankers Association National Delinquency Survey.
Full data and trend: FHA mortgage delinquency rate indicator page (The FHA Signal)
Bank-Booked Single-Family Mortgage Delinquency
The delinquency rate on single-family residential mortgages at commercial banks was 1.9% in Q2 2026, up from 1.8% a year earlier, according to the Board of Governors of the Federal Reserve System (series DRSFRMACBS, retrieved via FRED). That's the 15th-lowest of the 66 quarters since 2010.
Comparisons start in 2010 because that year new accounting rules (FAS 166 and 167) brought loans banks had securitized back onto their books, so earlier readings aren't like-for-like. Readings for 2020 and 2021 carry a caveat too: banking agencies said loans with COVID-19 payment deferrals weren't expected to be reported past due because of the deferral. The Fed re-estimates the seasonally adjusted history at almost every release, so past quarters can shift slightly. The divergence between FHA and bank-booked mortgage delinquency is central to the original FHA Signal analysis.
Bank-Booked Single-Family Mortgage Delinquency Rate
Source: Board of Governors of the Federal Reserve System data retrieved via FRED (DRSFRMACBS). Readings before 2010 are on a different accounting basis.
Full data and trend: Mortgage Delinquency indicator page
Serious Delinquency Rate (90+ Days, All Debt on Credit Reports)
The New York Fed's share of household debt balances on credit reports 90 or more days delinquent was 3.31% in Q2 2026, up from 3.04% in Q2 2025. This broader measure covers mortgage, home equity, auto loan, credit card, student loan and other consumer balances together; it isn't a mortgage measure. Student-loan reporting changed several times since 2020, so the New York Fed series is compared only from 2025 on.
The bank-booked mortgage series and the New York Fed all-debt series cover different products and borrower populations. Their difference is worth monitoring, but it doesn't establish a fixed sequence through credit cards, auto loans, and mortgages. The bank-booked single-family mortgage rate at 1.9% describes current mortgage performance, not what other debt series will do next.
Serious Delinquency Rate (90+ Days, All Debt on Credit Reports)
Source: Federal Reserve Bank of New York, Household Debt and Credit Report.
Full data and trend: Serious Delinquency Rate indicator page
What Does FHA Delinquency Mean for Homeowners?
FHA and bank-booked single-family mortgage rates describe different loans. FHA loans allow smaller down payments, but the aggregate series don't identify the same households or establish a fixed lead from one mortgage segment to another.
If you're behind on mortgage payments, see the options that exist before foreclosure.
What the Data Can and Cannot Say
Savings, debt service, hardship withdrawals, and delinquency describe different parts of household financial stress. Depleted buffers are a plausible mechanism for missed payments, but our current research does not show a fixed lag between them or one order that holds across credit products.
The American Distress Index tracks those measures together without claiming that one fixes the timing of another.
Read our research methodology →Mortgage Servicer Complaint Data
Complaints about mortgage servicers are a separate record from delinquency. We keep a profile for each large servicer in the Consumer Financial Protection Bureau's complaint database, such as Wells Fargo, Shellpoint / NewRez and LoanCare. You can browse the servicer profiles or search the complaints by servicer, state or issue.
Data Sources and Methodology
MBA National Delinquency Survey
Voluntary quarterly survey of mortgage servicers. The FHA delinquency rate counts FHA-insured loans at least one payment past due at quarter end, excluding loans in foreclosure, as a share of FHA loans serviced by survey participants. The national rate is seasonally adjusted. Published by the Mortgage Bankers Association.
Federal Reserve Board data retrieved via FRED
The Federal Reserve DRSFRMACBS mortgage delinquency rate measures single-family residential mortgages at insured U.S.-chartered commercial banks thirty days or more past due, plus mortgages in nonaccrual status, as a percentage of all such mortgages outstanding, seasonally adjusted. It is not a 90-day measure. Quarterly, from bank Call Reports.
NY Fed Household Debt and Credit Report
The serious delinquency rate measures household debt balances on credit reports (mortgage, home equity, auto, credit card, student and other consumer loans) that are 90+ days past due as a share of all such balances. Based on a random sample of Equifax credit reports drawn from the New York Fed's 5% Consumer Credit Panel: 0.1% for most loan types, 1% for student loans. The New York Fed doesn't describe a seasonal adjustment, so changes compare the same quarter a year earlier.