Delinquency Rate Rises in April
May 3, 2017
The delinquency rate has been increasing since the fourth quarter of 2016, when it was 5.9 percent, to 7.8 percent as of April, according to S&P Global data.
Source: S&P Global Ratings
Following a significant dip in total delinquencies from fourth-quarter 2016 to first-quarter 2017, from $15.3 billion to $13.48 billion, the number of delinquencies ticked up slightly again in April to $13.52 billion, according to S&P data. On the other hand, the delinquency rate has continued to increase modestly since the first quarter of 2016 (when it was 5.9 percent), to 7.8 percent as of April 2017.
You must be logged in to post a comment.