As I was reading over news that relates to mortgages and homeowners, I read this story from Asbury Park Press regarding people falling behind on mortgage payments. The following are five states where people are falling behind on mortgage payments:
1) Ohio
2) Alabama
3) Tennessee
4) Michigan
5) West Virginia
Mind you these are not the only states where people are falling behind on their mortgage payments. I imagine these are states where the numbers have increased. According to this article, job losses have struck these states. Job loss has always been a reason that people are not able to pay their mortgage on time and end up falling behind in their payment. When you are planning for homeownership, think about basing your new home on one income regardless of your marital status.
