Home equity loan performance in the U.S. continues to chug along at historically low delinquency and chargeoff rates, according to Moody's Investors Service's Home Equity Index Composite.

Rates of 60-plus day delinquencies and chargeoffs were flat in April compared to March, the rating agency reported last week. April was the sixth month in a row that charge offs in the U.S. home equity sector remained below 0.9%.

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