The national delinquency rate edged up 5 basis points (bps) to 3.53% in February, which marked a month-over-month change of 1.45% and a year-over-year change of 5.69%. That’s according to Intercontinental Exchange’s (ICE) first look for its February 2025 month-end mortgage performance statistics.

Today’s first look at the data revealed that FHA mortgages accounted for 90% of the 131,000 year-over-year rise in the number of delinquencies, despite making up less than 15% of all active mortgages.

Due to the debilitating wildfires in Los Angeles earlier this year, ICE says 4,100 homeowners in Los Angeles are now details ⇒

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