HELOC delinquency rate falls below 1 percent

During Q2 of 2012, home equity line of credit (HELOC) delinquency rates were the lowest in recent years. The delinquency rate fell below 1 percent for all performance categories: 30 to 59 days past due (DPD) fell to 0.88 percent; 60 to 89 DPD was at 0.42 percent and 90 to 180 DPD was at 0.99 percent.

Listen to our recorded Webinar on consumer credit trends from the Q2 2012 Experian–Oliver Wyman Market Intelligence Reports, including an in-depth look at the current state of the U.S. real-estate market.

Source: Experian-Oliver Wyman Market Intelligence Reports.