Chart 5: Charge-Off Rates for Mortgages and Home Equity Lines of Credit Remain Well Below the Long-Term Average
Year and Quarter
Quarterly Net Charge-Offs (percent): One-to-Four Family Mortgages
Quarterly Net Charge-Offs (percent): Home Equity Lines of Credit
2005:Q4
0.06%
0.10%
2005:Q3
0.05%
0.09%
2005:Q2
0.05%
0.09%
2005:Q1
0.05%
0.08%
2004Q4
0.08%
0.09%
2004:Q3
0.06%
0.09%
2004:Q2
0.06%
0.12%
2004:Q1
0.09%
0.12%
2003:Q4
0.24%
0.23%
2003:Q3
0.09%
0.13%
2003:Q2
0.10%
0.17%
2003:Q1
0.10%
0.17%
2002:Q4
0.14%
0.17%
2002:Q3
0.10%
0.17%
2002:Q2
0.11%
0.18%
2002:Q1
0.11%
0.18%
2001:Q4
0.12%
0.34%
2001:Q3
0.29%
0.23%
2001:Q2
0.12%
0.14%
2001:Q1
0.08%
0.23%
2000:Q4
0.10%
0.23%
2000:Q3
0.08%
0.18%
2000:Q2
0.08%
0.12%
2000:Q1
0.08%
0.15%
1999:Q4
0.11%
0.15%
1999:Q3
0.10%
0.14%
1999:Q2
0.09%
0.15%
1999:Q1
0.06%
0.16%
1998:Q4
0.11%
0.14%
1998:Q3
0.07%
0.10%
1998:Q2
0.07%
0.15%
1998:Q1
0.07%
0.17%
1997:Q4
0.09%
0.19%
1997:Q3
0.13%
0.13%
1997:Q2
0.12%
0.17%
1997:Q1
0.08%
0.17%
1996:Q4
0.14%
0.20%
1996:Q3
0.12%
0.20%
1996:Q2
0.13%
0.21%
1996:Q1
0.12%
0.21%
1995:Q4
0.15%
0.21%
1995:Q3
0.13%
0.20%
1995:Q2
0.14%
0.19%
1995:Q1
0.13%
0.17%
1994:Q4
0.20%
0.22%
1994:Q3
0.20%
0.17%
1994:Q2
0.22%
0.23%
1994:Q1
0.18%
0.23%
1993:Q4
0.24%
0.43%
1993:Q3
0.26%
0.24%
1993:Q2
0.40%
0.36%
1993:Q1
0.21%
0.29%
1992:Q4
0.28%
0.31%
1992:Q3
0.26%
0.19%
1992:Q2
0.22%
0.19%
1992:Q1
0.17%
0.16%
1991:Q4
0.21%
0.24%
Average, 1991 to 2005
0.13%
0.18%
Source: Federal Deposit Insurance Corporation.