Map Shows Where Homeowners Are Behind on Mortgage Payments
3 minute readPublished: Friday, July 18, 2025 at 2:25 pm
Homeowners Face Rising Mortgage Delinquencies Across the US
A new report reveals a concerning trend: serious mortgage delinquencies are on the rise across the United States. After a period of decline, rates began climbing in mid-2024, indicating growing financial strain on homeowners.
A serious delinquency is defined as a mortgage loan that is 90 days or more past due. At this point, lenders consider the mortgage at risk of default and may begin the process of taking possession of the property.
The report highlights significant increases in several states. Louisiana experienced the largest year-over-year increase, with an overall rise of 1.87 percent. Florida followed with a 1.43 percent increase, and Oklahoma, Georgia, Texas, Indiana, South Carolina, North Carolina, Nebraska, and Colorado also saw notable upticks.
Several factors contribute to this concerning trend. Rising property taxes, particularly in states like Colorado, Georgia, and Florida, are placing a heavier burden on homeowners. These states saw substantial increases in property taxes between 2019 and 2024. Simultaneously, homeowners are grappling with soaring home insurance premiums, driven by increased exposure to extreme weather events and shrinking availability of insurance coverage in high-risk areas.
The report also notes that Mississippi, despite not having the highest increase in delinquencies, has the highest overall delinquency rate. This state also has a lower median household income and is at high risk of storm surge damage from hurricanes.
BNN's Perspective: The data paints a challenging picture for homeowners across the nation. While the causes are complex, the combination of rising property taxes, insurance costs, and economic pressures is clearly impacting the ability of many to meet their mortgage obligations. Policymakers should consider measures to address these affordability challenges and support homeowners facing financial difficulties.
Keywords: mortgage delinquencies, homeowners, property taxes, home insurance, Louisiana, Florida, Georgia, serious delinquency, default, rising costs, economic pressures, housing market.