Despite a rise in credit card overdue rates, the percentage of home equity loans and lines of credit that were overdue at the end of last year declined, according to the American Bankers Association.Home equity loan delinquencies declined slightly to 2.50%, from 2.52% in the third quarter, while the past-due rate on home equity lines of credit dropped to 0.43% from 0.52%. That was the lowest delinquency rate among the eight types of consumer loans tracked by the ABA. Mobile home delinquencies decreased to 5.56% from 6.00% in the third quarter. The ABA can be found on the Web at http://www.aba.com.
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