What Mortgage Delinquencies Are Telling Us About Future Foreclosures

You might be seeing headlines about a rise in foreclosures—but don’t let panic set in. Here’s the cold truth and a smart outlook:

Foreclosures today are minuscule compared to the housing crash era. Back then, over nine million homeowners faced distressed sales; last year, that number topped 300,000—not even in the same ballpark.
Mortgage delinquencies overall are holding steady—pretty much where they were at the end of last year. That means no early warning signs of a widespread crisis Keeping Current Matters.

The only notable uptick is among FHA borrowers. Those loans make up about 12% of all home loans, and FHA loan holders tend to be more vulnerable to economic shifts—recession jitters, inflation, job instability—you name it.
In contrast, delinquency rates on conventional, VA, and other loans remain historically low. This isn’t your 2008 redo.
Geographically, higher delinquency rates line up with regions that heavily rely on FHA loans—especially parts of the South. But even there? Not a collapse, just something worth keeping an eye on Keeping Current Matters.

You’re not alone if you’re struggling. Before things spiral, reach out to your lender. Many offer repayment plans, loan modifications, or—if your equity is strong—selling might be the smarter, less painful exit strategy Keeping Current Matters.

Yes, foreclosures are ticking up slightly—but we’re not talking crash territory.
Broad mortgage market is stable.
Watch FHA loan performance, especially in FHA-heavy regions.
If you’re facing hardship, lean on loss-mitigation tools early.