Mortgage Delinquencies by Period
This graph shows mortgage delinquencies by "bucket" (time deliquent).
Loans 30 days delinquent declined in Q4, but are still above the levels in 2007 - and at about the level of early 2008 - when prices were falling sharply.
The 60 day bucket also declined in Q4, but it is still above the levels of 2008.
The 90 day and 'in foreclosure' rates are at record levels. Obviously the lenders have been slow to start foreclosure proceedings and to actually foreclose.
First American CoreLogic: House Prices Declined in December
This graph shows the national LoanPerformance data since 1976. January 2000 = 100.
The national average of home prices declined 1.0 percent in December 2009 compared to November 2009. The index is off 3.7% over the last year, and off 28.2% from the peak.
The index has declined for four consecutive months.
This is the house price indicator used by the Fed.