• Less than 20 percent (19.2 percent) believe the level of home
equity line delinquencies will rise.
Home
equity line delinquencies fell 3 basis points to 1.31 percent of all accounts and property improvement delinquencies fell 4 basis points to 0.87 percent of all accounts.
Not exact matches
On the upside, home - related
delinquencies, including home
equity loans and
lines of credit, fell, according to the ABA.
The ABA's Consumer Credit
Delinquency Bulletin tracks 11 loan categories, including home
equity lines of credit, auto loans and credit cards.
Delinquency rates for other forms of debt (student loans, home
equity lines of credit, and auto loans) were at relative highs as well.
The ABA quarterly survey of consumer loans reflected
delinquency rates based on a composite of several types of consumer loans such as boats, autos, home improvements, some home
equity line of credit loans increased to 2.42 percent in the first three months of this year.
The
delinquency rates for mortgages, home
equity lines of credit (HELOCs), auto loans, and credit cards peaked noticeably in the years following the recession, and have since fallen.
Mortgage
delinquencies are on the rise for home
equity lines of credit that were taken out during the housing bubble, as well as others that are reaching the 10 - year mark, Equifax data shows.