Special Report

States Where the Most People Are Behind on Mortgage Payments


To identify how many people in each state are behind on mortgage payments, 24/7 Wall St. reviewed data from the nonprofit Urban Institute’s Credit Health During the COVID-19 Pandemic report. We ranked states by their mortgage delinquency rate — the share of mortgage holders who are behind on their mortgage payments by 30 days or more — as of October 2020, the latest available data.

Additional data from the Urban Institute, also from October 2020, includes the share of people with a credit bureau record of a subprime credit score (equal to or less than 600). The Urban Institute dataset contains information derived from de-identified, consumer-level records from a major nationwide credit bureau. 

24/7 Wall St. added annual estimates of median household income, Homeownership rate, and median home value from the Census Bureau’s 2019 American Community Survey.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.