Monday, August 22, 2011

Calculated Risk: Mortgage Delinquencies by State

Mortgage Delinquencies by State: Range and Current


by CalculatedRisk on 8/22/2011 06:25:00 PM


Earlier I posted a graph on mortgage delinquencies by state. This raised a question of how the current delinquency rate compares to before the crisis - and also a comparison to the peak of the delinquency crisis in each state.

The following graph shows the range of percent seriously delinquent and in-foreclosure for each state (dashed blue line). The red diamond indicates the current serious delinquency rate (this includes 90+ days delinquent or in the foreclosure process).

Serious Mortgage Delinquencies by State: Range and CurrentClick on graph for larger image in graph gallery.

Some states have made progress: Arizona, Michigan, Nevada and California. Other states, like New Jersey and New York, have made little or no progress in reducing serious delinquencies. 



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