Mortgage delinquency rates increased in all states in 2023, except in Connecticut, Delaware, Rhode Island, Vermont, West Virginia, and Wyoming. That year, the percentage of total mortgage debt that was more than 90 days delinquent was the highest in Louisiana, at over one percent. While other years New York State had the highest delinquency rates. The overall mortgage delinquency rate in the United States declined since spiking in the beginning of the pandemic, as the U.S. job market rebounded over the course of 2020 and 2021.
Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023
Characteristic
Q4 2017
Q4 2018
Q4 2019
Q4 2020
Q4 2021
Q4 2022
Q4 2023
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New York Fed. (March 30, 2024). Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/
New York Fed. "Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023." Chart. March 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/
New York Fed. (2024). Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/
New York Fed. "Share of Delinquent Mortgages in The Different States of The United States from 4th Quarter 2017 to 4th Quarter 2023." Statista, Statista Inc., 30 Mar 2024, https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/
New York Fed, Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023 Statista, https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/ (last visited July 22, 2024)
Share of delinquent mortgages in the different states of the United States from 4th quarter 2017 to 4th quarter 2023 [Graph], New York Fed, March 30, 2024. [Online]. Available: https://www.statista.com/statistics/1241229/mortgage-delinquency-rate-usa-by-state/