DRSFRMACBS · as of 2026-04-01
SFR Delinquency
Delinquency Rate on Single-Family Residential Mortgages, All Commercial Banks
View on FRED · DRSFRMACBS ↗1.86%
yoy
▲ 4.49%
41 obs · quarterly · percent── 1y ago 1.78%
What it is
Market-stress signal. Rising delinquency = distress inventory coming.
- source
- FRED
- frequency
- quarterly
- units
- percent
- s.a.
- yes
What it’s telling us · as of 2026-04-01
SFR delinquency sits at 1.86%, up 8 basis points year-over-year—a modest creep that tracks the broader credit cycle tightening. The last two quarters have bounced between 1.86% and 1.88%, suggesting the rate has found a new floor above the 1.74–1.77% range from mid-2024. Still historically low by pre-pandemic standards, but the direction matters: when delinquencies start moving up in a rising-rate environment, distressed inventory typically follows 6–12 months later. Watch whether the next quarterly print holds at this level or pushes higher—that's when you start modeling forced-sale comps into your acquisition underwriting.
⟡ auto-generated weekly · claude-haiku-4-5 · reviewed before publish
Related metrics
Get the data
Python · fredapi
"""
SFR Delinquency — Market-stress signal. Rising delinquency = distress inventory coming.
Freq: quarterly · Source: FRED
"""
from fredapi import Fred
fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("DRSFRMACBS")
print(series.tail())LLM prompt
You are analyzing FRED series DRSFRMACBS — Delinquency Rate on Single-Family Residential Mortgages, All Commercial Banks. Context: Market-stress signal. Rising delinquency = distress inventory coming. Attributes - Units: percent - Frequency: quarterly - Source: FRED Latest observation: 1.86% as of 2026-04-01 Year-over-year change: +4.49% Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?