Wallethub: Indiana Ranked Among Best States Where Mortgage Delinquency Is Decreasing

Wallethub: Indiana Ranked Among Best States Where Mortgage Delinquency is Decreasing

vittaya25 STATEWIDE–Indiana is ranked in the Top 10 of “States Where Mortgage Delinquency is Decreasing the Most”, according to the personal financed website Wallethub. This report highlights where homeowners are making the most progress in staying current on their mortgage payments from the fourth quarter of 2024 to the first quarter of 2025. Indiana ranks 9th. “If you are delinquent on mortgage debt, you typically have until the debt is 30 day…

States Where Mortgage Delinquency Is Decreasing the Most

Falling behind on a mortgage can have a serious impact on your credit score, with late payments remaining on your credit report for up to seven years. However, since payments are only marked as delinquent after being 30 days past due, catching up quickly can help minimize the damage. While some level of mortgage delinquency is inevitable, a statewide decline in delinquency rates can be a sign of economic resilience and improving financial stabil…