February 17 2012 - STATE'S MORTGAGE DELINQUENCY RATE UP
DALLAS (Dallas Morning News) – Texas’ mortgage delinquency rate in fourth quarter 2011 was about
a third of a percentage point higher than in the
previous quarter, the Mortgage Bankers Association reported yesterday.
During the last three months of 2011, more than 276,000 Texas homeowners (9.07 percent) had
missed a mortgage payment. Nationally, the rate
was 7.58 percent.
According to the mortgage bankers, Texas now has the 14th-worst mortgage delinquency rate among the states.