Mortgage Delinquencies Rise Most In 7 Years As Rates Spike by Tyler Durden Feb 15, 2017 10:10 AM http://www.zerohedge.com/news/2017-02-15/mortgage-delinquencies-rise-most-7-years-rates-spike For the first time since Q1 2013, mortgage delinquencies rose QoQ in Q4. The jump from 4.52% (of total loans) to 4.80% is the largest since Q1 2010 and hit as mortgage rates spiked following President Trump's election and Fed Chair Yellen's jawboning and rate-hike. Of course, levels remain 'low' relative to the extreme highs of the financial crisis. One word springs to mind - "contained" www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/02/13/20170215_MTG_0.jpg Worryingly rates remain high, inflation is surging, Yellen is set for more hikes, and real wages are dropping... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/02/13/20170215_MTG1_0.jpg Doesn't bode well for Q1 2017. But then again, it's probably nothing... "contained"