Nevada Leads Nation in Delinquencies

Nevada (15.86%) and Florida (15.02%) continued to lead the states in terms of the highest delinquency rates in the second quarter of 2010. North Dakota (1.61%), South Dakota (2.23%) and Nebraska (2.61%) had the lowest mortgage-delinquency rates.

The average national mortgage debt per borrower decreased to $191,284. This is 0.77% lower than Q110’s average of $192,774. On a year-over-year basis, the second quarter 2010 average represents a 1.3% decrease over the second quarter 2009 average mortgage debt per borrower level of $193,811 according to Housing Wire.

Published by Stout Law Firm

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