U.S. Mortgage Delinquencies Rise in Q2

More Americans fell behind on their home and auto loan payments in the second quarter of 2026, according to new data from the Federal Reserve Bank of New York, Alicia Wallace reported for CNN.

Rising mortgage and auto-loan delinquencies are adding to concerns about the financial health of some U.S. households.

A greater share of borrowers were at least 30 days late on their mortgage payments in the second quarter than in any quarter since 2015, according to the New York Fed's latest Quarterly Report on Household Debt and Credit.

More borrowers also entered serious delinquency—defined as being at least 90 days past due—on auto loans than in any quarter since 2010.

New York Fed researchers noted that overall delinquency rates remain higher than before the pandemic but are relatively stable and have not deteriorated to levels seen during the Great Financial Crisis or its aftermath.

The report highlights the uneven condition of U.S. households. Some consumers remain financially secure and continue to spend, while others are struggling with elevated prices and a challenging labor market.

The rise in auto-loan delinquencies is particularly concerning, according to Matt Schulz, a consumer finance analyst at LendingTree. Higher gasoline prices could add further pressure on households already struggling to make vehicle payments.