Home loan delinquencies rose during the second quarter, despite signs of improved credit quality in other types of consumer loans.

The Mortgage Bankers Association of America reported Wednesday that 4.39% of all home mortgages were past due by at least 30 days in the second quarter, up 10 basis points from the previous quarter. It was the second consecutive quarterly rise in the widely followed measure. The trade group attributed the increase to sluggish economic activity in the first half

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.