Historical Year Data · 2006

Credit Card Delinquency Rate in 2006

Credit Card Delinquency Rate opened 2006 at 3.86% and closed at 3.95%, a +2.33% move for the year. The high of 4.13% was reached on April 1, and the low of 3.86% on January 1.

Open

3.86%

2006-01

3.95%

4 data points

High

4.13%

Apr 1

Low

3.86%

Jan 1

Full Year Change

+2.33%

2005 Change

-4.32%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	3.86%	3.86%	3.86%	3.86%	+0.00%
Apr	4.13%	4.13%	4.13%	4.13%	+0.00%
Jul	4.12%	4.12%	4.12%	4.12%	+0.00%
Oct	3.95%	3.95%	3.95%	3.95%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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