Thursday, November 13, 2008

1 in 5 Americans 60+ Days Delinquent

J.P.Morgan came out with their September 2008 Home Price Update. The report shows the national average 60+ delinquency rate at a whopping 17.24%. Florida leads the numbers with 28.76% of borrowers 60+ delinquent (Michigan is next in line with 24.55%).

We graphed the state-by-state distribution of these delinquencies:

(Click on the graph to enlarge)

1 comment:

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