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Hawai'i Free Press

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Tuesday, October 22, 2024
Honolulu 2nd-Lowest Mortgage Delinquency Rate in USA
By Selected News Articles @ 3:50 PM :: 147 Views :: Hawaii Statistics, Cost of Living
Overall Rank*  City Mortgage Delinquency Rate in Q2 2024  Change in Mortgage Delinquency Rate: Q2 2024 vs Q1 2024 
99th of 100 Honolulu, HI 2.64% -3.27%

 

Cities With the Highest Mortgage Delinquency Rates

from WalletHub, Oct 17, 2024

Expensive mortgage rates and home prices, coupled with a rising cost of living, have made it difficult for many homeowners to keep up with their home loan payments. Being delinquent on a mortgage is a serious issue, which can lead to late fees, credit score damage and eventually foreclosure.

To highlight the cities where people are most delinquent on their mortgage payments, as well as the areas where people are staying on track, WalletHub analyzed proprietary user data from Q1 2024 to Q2 2024....

read … Full Report

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