More construction loans are going bad than any other kind. Percentage of loans by category that were 90 days or more past due among FDIC-insured lenders on March 31:
All real estate loans 7.6%
Construction/development 16.8%
Non-farm non-residential 4.2%
Multifamily residential real estate 4.6%
Home equity loans 1.7%
Other 1- to 4-family residential 10.2%
Commercial/industrial loans 3.1%
Loans to individuals 2.3%
Credit card loans 3.1%
Other loans to individuals 1.4%
All other loans/leases* 1.7%
Total loans/leases 5.5%
* = includes farms Source: FDIC