Las Vegas Sun

July 22, 2014

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Nevada second to only Florida in mortgage delinquency

The percentage of Nevadans who are months late on their mortgage payments is falling, but it remains well above the national average.

Nevada had a mortgage delinquency rate of 9.12 percent last quarter, according to a report out today by TransUnion, a Chicago-based research firm.

That means more than nine out of every 100 borrowers statewide were at least 60 days late on their housing payments as of March 31. A year earlier, it was 11.16 percent.

Despite the dip, Nevada still had the second-highest delinquency rate in the country last quarter. Florida had the highest, at 11 percent.

The delinquency rate nationally was 4.56 percent last quarter, down from 5.78 percent a year earlier, TransUnion reported.

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