First time buyers' delinquencies rising. TLDR - Delinquencies have risen by 2%, from 6% to over 8% now, in ~2 years for first time buyers in FHA loans. Source: https://www.businessinsider.com/mortgage-delinquency-first-time-homebuyers-housing-market-outlook-loans-fha-2025-2

First time buyers' delinquencies rising.

TLDR - Delinquencies have risen by 2%, from 6% to over 8% now, in ~2 years for first time buyers in FHA loans.

Source: https://www.businessinsider.com/mortgage-delinquency-first-time-homebuyers-housing-market-outlook-loans-fha-2025-2

1 month ago by codybrown

These are FHA loans so they are bound to have high(er) defaults or late payments than conventional loans.

1 month ago by allisoncooper

Delinquencies do not look very high from a historical perspective. Yes, they are high compared to the post-covid period. I would imagine this jump was expected with the rise in rates. But again - seeing the historical trend - its not really high.

1 month ago by tiffanyross