Taylor Realty Group | Colorado Real Estate ExpertsTaylor Realty Group | Colorado Real Estate Experts

Serving Denver Metro And Boulder County Since 2004!

Serving Denver Metro & Boulder County Since 2004!
Voted 5280 Magazine's FIVE STAR REALTOR (13 Year Winner)
303-669-2744
michael@taylorrealtygroup.net
  • Menu
  • Home
  • Search Homes
    • Featured Listings
    • All Listings
  • Buy
  • Sell
  • Lease
  • Blog
    • See All Posts
    • Buyer Tips & Advice
    • Seller Tips & Advice
    • Market Conditions
    • Mortgages & Loans
    • Homeowner Tips
    • Personal & Biz Updates
    • Just Sold!
  • Resources
    • Preferred Partners
    • Home Wealth Analysis
    • Instant Home Valuation
    • Find Best Realtors in US
    • Community Pages
      • Broomfield, Colorado Community Information
      • Denver Community Page Guide
      • Thornton, Colorado Community Information
      • Westminster, Colorado Community Information
      • Arvada, Colorado Community Information
  • About
    • Get To Know Us
    • Testimonials
    • Let’s Talk! (Contact Us)
    • Just Sold!

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

What Mortgage Delinquencies Tell Us About the Future of Foreclosures Simplifying The Market

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. 

According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000.

So, even with the increase lately, we’re talking about numbers that are dramatically lower. But what does the future hold? Is a wave coming? The short answer is, no.

Here’s why. Experts in the industry look at mortgage delinquencies (loans that are more than 30 days past due) as an early sign for potential foreclosures down the line. And the latest data for delinquencies is reassuring about the market overall.

Right now, delinquencies as a whole are consistent with where we ended last year, which means we’re not seeing the kind of increase that would signal widespread trouble.

But there are some key indicators to continue to watch. Marina Walsh, Vice President of Industry Analysis at the Mortgage Bankers Association, explains:

“While overall mortgage delinquencies are relatively flat compared to last year, the composition has changed.”

Right now, borrowers with FHA mortgages currently make up the biggest share of new delinquencies (see graph below):

a graph of a number of peopleAnd here’s why that may be happening. Borrowers with FHA mortgages may be more sensitive to shifts in the economy. And with recession fears, stubborn inflation, employment challenges, and more, it makes sense this segment of the market may be feeling it a bit more. But that doesn’t mean it’s a signal a crash is coming.

If you look back at the graph, it shows, while there are more FHA loans experiencing hardship than the norm, delinquency rates for other loan types remain low and stable. Back during the crash, delinquency rates were significantly elevated for all 4 categories.

That means the broader mortgage market is on much stronger footing than it was back in 2008. As ResiClub says:

“The recent uptick in mortgage delinquency seems to be concentrated among FHA borrowers, however, mortgage performance remains very solid when viewed in light of the twenty-year history of our data.”

The Region with the Most FHA Loans

Here’s another reason this isn’t a signal of trouble ahead. FHA loans only make up about 12% of all home loans nationwide. But like anything else in housing, local data matters. There are some regions of the country where there are more of this type of loan than others, particularly the South.

The map below does not show how many FHA loans are delinquent. It just shows the overall concentration of FHA loans by state, so you can see which regions have the greatest volume (see map below):

a map of the united statesAs the Federal Reserve Bank of New York explains:

“Looking at geographic concentrations of loans, recent data indicate that a higher proportion of mortgage balances are delinquent in many of the southern states . . . we see that higher delinquency rates coincide with a higher share of FHA loans across states.”

Just remember, even the delinquencies rates we’re seeing now aren’t as high as they were in 2008. Again, this is not a signal of a crisis. But it is something experts will monitor in the months ahead. 

If You’re Experiencing Financial Hardship

No one wants to see anyone face the challenges of foreclosure. But just know that, if you’re a homeowner struggling with payments, you’re not alone – and you do have options.

The first step is reaching out to your mortgage provider. In many cases, you may be able to set up a repayment plan or explore loan modifications to help you stay on track. And for many homeowners today, you may also have enough equity to sell your house and avoid foreclosure. Odds are, at least some of these delinquencies will go that route since homeowners today have near record amounts of equity in their homes. It may be worth seeing if that could be an option for you too.

Bottom Line

Foreclosures are rising slightly, but they’re nowhere near the levels of 2008. And delinquency trends don’t point to a crash ahead.

This is something industry professionals are going to watch in the days ahead. If you want to stay up to date, connect with an agent or lender so you always have the latest information.

Posted in: The Blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Post navigation

« Thinking About Renting Your House Instead of Selling? Read This First.

Blog Categories

    • ►Buyer Tips & Advice (85)
      • Buying Foreclosures (7)
      • Buying Short Sales (4)
      • Mortgages & Loans (9)
      • New Construction & Home Builders (4)
      • Transaction Tips (10)
      • Working With A Realtor (4)
    • ►Seller Tips & Advice (81)
      • Market Conditions/Trends/Insights (8)
      • Listing & Marketing (8)
      • Offers – Negotiating – Closing (4)
      • Choosing A Realtor (4)
      • Short Sales FAQ (5)
      • Thinking About Moving (Deciding If It Makes Sense) (4)
    • Market Updates (62)
    • Homeowner Tips (26)
    • Mortgages & Loans (24)
    • Personal & Biz Updates (32)
    • Weird ‘n Wacky News (4)
Search for:
WHY Taylor Realty Group?
Best Broomfield CO Real Estate Agent RealtorColorado home buyers and sellers need a consultant, not a salesperson. Our “STRATEGIC” approach is committed to providing Expert Guidance & Friendly Personal Service.
  • Unique Marketing System For Sellers = More $$ / Faster Results
    Learn More
  • Buyer Consulting Services = Smart, Confident Purchases
    Learn More

Get Started: Contact Mike Now!

Testimonials: Success Stories

Found Our Dream House

We rented with Michael for 3 years and they helped us looked for our dream house for 2 years.  Great Experience.

Bryce Jensen
Mike is a bulldog

Mike and his team are absolutely wonderful. They are all on top of it and super responsive. Mike is a bulldog and really knows his business. Everything went super smooth. I...

Cassie Jensen
Understands BOTH the Micro AND Macro Housing Trends

Super professional. More importantly Michael is the 1st realtor I’ve interacted with who understands both the micro AND macro housing trends. He also seemed to care about...

Greg Davenport
Honest, Professional and Knowledgeable

Michael sold us our first home and then a few years later we had to relocate and he sold our home for us. He’s honest, professional, knowledgeable and efficient. We were ...

Sean & Alyssa Burroughs
Future Dream Home

Mike and his team got us our starter home when we weren’t sure if we could get a home. Then helped us get our dream home by selling our starter home for more then we coul...

Emily Hauther

Read More Testimonials »

Socialize With Us!

Thinking About SELLING?
Seller Success Guide
  • What’s My Home Worth?
  • First 5 Things To Do
  • Interviewing Realtors: 16 Questions
  • Negotiating Like a Pro
  • Keep The Sale From Crashing

See SELLER Success Guide!

Thinking About BUYING?
Buyer Quickstart Guide
  • Clarify Your Goals
  • Choosing The Best Mortgage & Lender
  • How To Find Best Listings First!
  • Negotiate Best Possible Offer & Make Sure It Closes

See BUYER Quickstart Guide!

Homes For Sale By City

Let's Talk! How can I help?
First Name
Last Name*
Email
Comments
Lead Source

Contact Us

Taylor Realty Group

303-669-2744
michael@taylorrealtygroup.net

1499 West 120th Ave #110 Westminster CO 80234

Get Our Email Newsletter

Explore Cities

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Castle Rock
  • Centennial
  • Commerce City
  • Denver
  • Englewood
  • Erie
  • Firestone
  • Frederick
  • Greenwood Village
  • Highlands Ranch
  • Lafayette
  • Lakewood
  • Littleton
  • Lone Tree
  • Longmont
  • Louisville
  • Northglenn
  • Parker
  • Superior
  • Thornton
  • Wheat Ridge

Meet Michael, Your Real Estate Agent

Real Estate Agent Broomfield Thornton Westminster Colorado Colorado home buyers and sellers need a consultant, not a salesperson. I specialize in Broomfield, Thornton, & Westminster real estate but am often referred to help people throughout Denver Metro & Boulder County! My commitment to you: Expert Guidance & Friendly Personal Service!
  • 5280 Magazine’s FIVE STAR REALTOR (13 Year Winner)
  • Featured on HGTV!
  • Top 5% of Realtors Nationwide!
  • Full Time CO Realtor Since 2004
logos-325

Meet Michael - Your Consultant

Voted 5280 Magazine's FIVE STAR REALTOR
Based on Overall Client Satisfaction (2010 - 2018) 

Taylor Realty Group | Since 2004

1499 West 120th Ave #110 Westminster CO 80234

© 2025 · Log in · Privacy Policy

MENU
  • Home
  • Search Homes
    • Featured Listings
    • All Listings
  • Buy
  • Sell
  • Lease
  • Blog
    • See All Posts
    • Buyer Tips & Advice
    • Seller Tips & Advice
    • Market Conditions
    • Mortgages & Loans
    • Homeowner Tips
    • Personal & Biz Updates
    • Just Sold!
  • Resources
    • Preferred Partners
    • Home Wealth Analysis
    • Instant Home Valuation
    • Find Best Realtors in US
    • Community Pages
      • Broomfield, Colorado Community Information
      • Denver Community Page Guide
      • Thornton, Colorado Community Information
      • Westminster, Colorado Community Information
      • Arvada, Colorado Community Information
  • About
    • Get To Know Us
    • Testimonials
    • Let’s Talk! (Contact Us)
    • Just Sold!