Of every 100 homeowners in the state of Hawaii, 5 of them missed at least two mortgage payments in the third quarter of 2011. As compared to the rest of the nation’s average delinquency rate of 5.88%, Hawaii is not doing so bad after all.
Florida’s rating is at 14.08% and Nevada is at 12.39%, but the other end of the spectrum shows North Dakota and South Dakota at 1.47% and 2.33%, respectively.
TransUnion researchers report the rise in the percentage of homeowners missing two or more payments from 5.82% in the second quarter to 5.88% in the third quarter of this year.
While the nation’s percentage rose this past quarter, Hawaii’s status improved from 5.28% to 5%.
Source: USAToday, StarAdvertiser