Florida Mortgage Delinquency Rate Highest in USA

Here are the

USA Mortgage Delinquency Rate at the end of 2010

Foreclosures Skyrocket

#1 – 24 percent of the home loans in Florida were one payment or more past due, or in the process of foreclosure.

#2 – 22 percent in Nevada

13.6 percentĀ  is the national average

Unemployment in Florida stands at 12 percent

The mortgage delinquency issue is prevalent all over the United States of America no state is immune from mortgage debt!

Yet another clear indication that troubles in the US home market are ongoing and in the main do not appear to be improving, jobs are in scarce supply and until more jobs are created then the USA cannot hope for improvement in the housing sector!

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