Realtor.com Clare Trapasso taps Black Knight Financial Services data for an analysis on the fact that there's been an upward blip--month-to-month--in mortgage borrowers who're more than 30 days late in their mortgage payments (although, year-on-year, there's improvement in delinquencies).
Trapasso dubs Mississippi the current delinquency king, with 13% of its mortgages 30 or more days late. It could be a seasonal--post holidays--phenomenon, per analysts, along with higher than normal unemployment rates. Here's Trapasso's take on the top states for non-current mortgage payments.
Mississippi, which had 13% of its residents late on their mortgage payments, was followed by Louisiana at 10.49%, New Jersey at 10.38%, Alabama,at 9.25%; and West Virginia at 9.19%, rounding out the list of the most delinquent states.
On the other hand, there are the good kids, Trapasso writes:
The states with the promptest mortgage payers were located primarily in the Midwest. The highest percentage of borrowers who made their mortgage payments on time were in North Dakota at 2.41%; Colorado at 3.03%, Alaska at 3.24%, Minnesota at 3.29%, and South Dakota,at 3.50%.