ICE: Early-Stage Delinquencies Tick Lower But Foreclosures Rise

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Delinquency and foreclosure rates were little changed in most states in January according to the most recent Ice Mortgage Monitor. The national rate of total non-current mortgages remained at 4.1% as of January 31, 2026, as early-stage delinquencies declined slightly m/m, while those over 90 days delinquent or in foreclosure increased modestly. January state delinquency rankings were also little changed from those posted in December. The five states with the highest non-current rates remain Louisiana (8.6%), Mississippi (8.5%), Alabama (6.4%), Arkansas (6.1%), and Indiana (5.9%). Idaho, Washington, Montana, Colorado, and California had the lowest non-current rates, all 2.3% or less. The states seeing the greatest y/y increase in non-current rates were Utah (+18.1%), Maryland (+14.7%), Arkansas (+13.7%) , and Arizona (+13.4%). Florida, Hawaii and Vermont all saw y/y declines in their non-current rates.

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