{
  "meta": {
    "slug": "the-fha-signal",
    "name": "FHA Mortgage Delinquency Rate",
    "branded_name": "The FHA Signal",
    "description": null,
    "source": "U.S. Department of Housing and Urban Development, Federal Housing Administration",
    "source_credit": null,
    "source_url": "https://www.hud.gov/hud-partners/single-family-loan-performance",
    "frequency": "monthly",
    "units": "percent",
    "fred_series_id": null,
    "fred_edge_series_id": null,
    "bls_series_id": null,
    "series_id": "fha_all_past_due_hud",
    "measurement_basis": null,
    "door": 1,
    "trend": "rising",
    "trend_suppressed": null,
    "series_breaks": [],
    "direction": "higher_is_worse",
    "last_updated": "2026-11-03T17:41:36Z",
    "stale": false,
    "stale_reason": null,
    "data_status": "current",
    "page_url": "https://americandefault.org/indicators/the-fha-signal/",
    "attribution": "American Default (americandefault.org) — Our analysis is free to use with attribution to American Default Research. Source data stays under each publisher's terms; cite the source named here."
  },
  "current": {
    "value": 13.64,
    "date": "2026-08-31"
  },
  "last_verified": null,
  "data": [
    {
      "date": "2017-07-31",
      "value": 10.15
    },
    {
      "date": "2017-08-31",
      "value": 10.59
    },
    {
      "date": "2017-09-30",
      "value": 11.79
    },
    {
      "date": "2017-10-31",
      "value": 12.06
    },
    {
      "date": "2017-11-30",
      "value": 12.27
    },
    {
      "date": "2017-12-31",
      "value": 12.71
    },
    {
      "date": "2018-01-31",
      "value": 11.95
    },
    {
      "date": "2018-02-28",
      "value": 11.56
    },
    {
      "date": "2018-03-31",
      "value": 10.29
    },
    {
      "date": "2018-04-30",
      "value": 10.17
    },
    {
      "date": "2018-05-31",
      "value": 10.3
    },
    {
      "date": "2018-06-30",
      "value": 10.62
    },
    {
      "date": "2018-07-31",
      "value": 10.15
    },
    {
      "date": "2018-08-31",
      "value": 10.29
    },
    {
      "date": "2018-09-30",
      "value": 11.28
    },
    {
      "date": "2018-10-31",
      "value": 10.77
    },
    {
      "date": "2018-11-30",
      "value": 10.72
    },
    {
      "date": "2018-12-31",
      "value": 10.98
    },
    {
      "date": "2019-01-31",
      "value": 10.91
    },
    {
      "date": "2019-02-28",
      "value": 10.74
    },
    {
      "date": "2019-03-31",
      "value": 9.88
    },
    {
      "date": "2019-04-30",
      "value": 9.73
    },
    {
      "date": "2019-05-31",
      "value": 9.64
    },
    {
      "date": "2019-06-30",
      "value": 10.83
    },
    {
      "date": "2019-07-31",
      "value": 10.55
    },
    {
      "date": "2019-08-31",
      "value": 10.61
    },
    {
      "date": "2019-09-30",
      "value": 10.89
    },
    {
      "date": "2019-10-31",
      "value": 10.81
    },
    {
      "date": "2019-11-30",
      "value": 11.52
    },
    {
      "date": "2019-12-31",
      "value": 11.6
    },
    {
      "date": "2020-01-31",
      "value": 10.97
    },
    {
      "date": "2020-02-29",
      "value": 10.85
    },
    {
      "date": "2020-03-31",
      "value": 11.17
    },
    {
      "date": "2020-04-30",
      "value": 15.52
    },
    {
      "date": "2020-05-31",
      "value": 17.28
    },
    {
      "date": "2020-06-30",
      "value": 17.41
    },
    {
      "date": "2020-07-31",
      "value": 17.24
    },
    {
      "date": "2020-08-31",
      "value": 17.63
    },
    {
      "date": "2020-09-30",
      "value": 17.59
    },
    {
      "date": "2020-10-31",
      "value": 17.45
    },
    {
      "date": "2020-11-30",
      "value": 17.51
    },
    {
      "date": "2020-12-31",
      "value": 17.49
    },
    {
      "date": "2021-01-31",
      "value": 17.06
    },
    {
      "date": "2021-02-28",
      "value": 16.7
    },
    {
      "date": "2021-03-31",
      "value": 15.52
    },
    {
      "date": "2021-04-30",
      "value": 14.67
    },
    {
      "date": "2021-05-31",
      "value": 14.73
    },
    {
      "date": "2021-06-30",
      "value": 14.29
    },
    {
      "date": "2021-07-31",
      "value": 13.81
    },
    {
      "date": "2021-08-31",
      "value": 13.47
    },
    {
      "date": "2021-09-30",
      "value": 13.43
    },
    {
      "date": "2021-10-31",
      "value": 13.21
    },
    {
      "date": "2021-11-30",
      "value": 12.74
    },
    {
      "date": "2021-12-31",
      "value": 12.33
    },
    {
      "date": "2022-01-31",
      "value": 12.12
    },
    {
      "date": "2022-02-28",
      "value": 12.09
    },
    {
      "date": "2022-03-31",
      "value": 10.8
    },
    {
      "date": "2022-04-30",
      "value": 10
    },
    {
      "date": "2022-05-31",
      "value": 10.6
    },
    {
      "date": "2022-06-30",
      "value": 10.79
    },
    {
      "date": "2022-07-31",
      "value": 11.36
    },
    {
      "date": "2022-08-31",
      "value": 11.05
    },
    {
      "date": "2022-09-30",
      "value": 11.06
    },
    {
      "date": "2022-10-31",
      "value": 11.31
    },
    {
      "date": "2022-11-30",
      "value": 11.8
    },
    {
      "date": "2022-12-31",
      "value": 12.3
    },
    {
      "date": "2023-01-31",
      "value": 11.85
    },
    {
      "date": "2023-02-28",
      "value": 11.86
    },
    {
      "date": "2023-03-31",
      "value": 10.58
    },
    {
      "date": "2023-04-30",
      "value": 11.44
    },
    {
      "date": "2023-05-31",
      "value": 11.12
    },
    {
      "date": "2023-06-30",
      "value": 11.11
    },
    {
      "date": "2023-07-31",
      "value": 11.33
    },
    {
      "date": "2023-08-31",
      "value": 11.32
    },
    {
      "date": "2023-09-30",
      "value": 11.65
    },
    {
      "date": "2023-10-31",
      "value": 10.53
    },
    {
      "date": "2023-11-30",
      "value": 11.93
    },
    {
      "date": "2023-12-31",
      "value": 12.69
    },
    {
      "date": "2024-01-31",
      "value": 12.14
    },
    {
      "date": "2024-02-29",
      "value": 11.7
    },
    {
      "date": "2024-03-31",
      "value": 11.17
    },
    {
      "date": "2024-04-30",
      "value": 10.89
    },
    {
      "date": "2024-05-31",
      "value": 10.85
    },
    {
      "date": "2024-06-30",
      "value": 12.14
    },
    {
      "date": "2024-07-31",
      "value": 12.16
    },
    {
      "date": "2024-08-31",
      "value": 12.29
    },
    {
      "date": "2024-09-30",
      "value": 12.55
    },
    {
      "date": "2024-10-31",
      "value": 12.6
    },
    {
      "date": "2024-11-30",
      "value": 13.43
    },
    {
      "date": "2024-12-31",
      "value": 13.53
    },
    {
      "date": "2025-01-31",
      "value": 12.88
    },
    {
      "date": "2025-02-28",
      "value": 12.89
    },
    {
      "date": "2025-03-31",
      "value": 11.42
    },
    {
      "date": "2025-04-30",
      "value": 11.42
    },
    {
      "date": "2025-05-31",
      "value": 11.62
    },
    {
      "date": "2025-06-30",
      "value": 12.15
    },
    {
      "date": "2025-07-31",
      "value": 12.18
    },
    {
      "date": "2025-08-31",
      "value": 12.51
    },
    {
      "date": "2025-09-30",
      "value": 12.56
    },
    {
      "date": "2025-10-31",
      "value": 12.04
    },
    {
      "date": "2025-11-30",
      "value": 13.74
    },
    {
      "date": "2025-12-31",
      "value": 13.97
    },
    {
      "date": "2026-01-31",
      "value": 13.77
    },
    {
      "date": "2026-02-28",
      "value": 14.19
    },
    {
      "date": "2026-03-31",
      "value": 13.23
    },
    {
      "date": "2026-04-30",
      "value": 13.09
    },
    {
      "date": "2026-05-31",
      "value": 13.49
    },
    {
      "date": "2026-06-30",
      "value": 13.7
    },
    {
      "date": "2026-07-31",
      "value": 13.29
    },
    {
      "date": "2026-08-31",
      "value": 13.64
    }
  ]
}