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Jul23
States that have Mortgage Delinquency

I recently read an article titled "State by State Mortgage Decline." The article shared about state mortgage declines. What I was most interested in was the highest percentage and the lowest.

 

Highest percentage of Delinquencies:

Louisiana

Mississippi

Alabama

Texas

Michigan

Lowest percentage of Delinquencies

Hawaii

California

North Dakota

Wyoming

Oregon and South Dakota 

It does not surprise me at all that Louisiana , Mississippi and Alabama are in the top. There was widespread devastation. There are still people without housing and employment. With everything that is going on with the economy, I would not be surprised if more people do not become delinquent on their mortgages. The continuous raising of gas prices makes everything else go up as well. In my opinion, my money is not going as far as it did even six months ago.  To view the complete list of state-by-state declines, go to this website:  http://www.bankrate.com/brm/news/mortgages/states.asp

What do you think about mortgage delinquency?


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