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Credit Cornerstone Weekly Credit Trends and Data Intelligence
Mortgage delinquency rates vary widely in the United States
May 27, 2010

Thirty-plus days past-due delinquency rates for the western region of the United States are up 51 percent in Q1 2010 compared with Q1 2009. This figure contrasts with 21 percent for the South and 27 percent for Mid Atlantic States. Midwestern states also showed a growth in delinquencies, with a 39 percent increase in 30-plus days past-due rates over the same period. Clearly, consumers in some regions of the country continue to struggle to meet financial obligations in the current economic environment.

Visit www.marketintelligencereports.com for more information on mortgage delinquency rates.


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