Delinquency rates on closed-end home equity loans and home equity lines of credit (HELOCs) showed little improvement in the fourth quarter compared to the third, according to new figures released by the American Bankers Association (ABA).

The 30-day delinquency rate on HELOCs edged down by 1 basis point to 1.73% in the fourth quarter. During the financial crisis the seasonally adjusted delinquency rate on HELOCs hit a high of 2.12% in the second quarter of 2009.

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