Nevada second to only Florida in mortgage delinquency

Wed, May 8, 2013 (12:12 p.m.)

The percentage of Nevadans who are months late on their mortgage payments is falling, but it remains well above the national average.

Nevada had a mortgage delinquency rate of 9.12 percent last quarter, according to a report out today by TransUnion, a Chicago-based research firm.

That means more than nine out of every 100 borrowers statewide were at least 60 days late on their housing payments as of March 31. A year earlier, it was 11.16 percent.

Despite the dip, Nevada still had the second-highest delinquency rate in the country last quarter. Florida had the highest, at 11 percent.

The delinquency rate nationally was 4.56 percent last quarter, down from 5.78 percent a year earlier, TransUnion reported.

Back to top

SHARE

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy