Kentucky And Indiana Mortgage Delinquencies Remain Above National Average

By Gabe Bullard

Published February 17, 2011 at 7:03 PM EST

The percentage of American mortgage holders who are behind in their payments has dropped, and fewer foreclosures are in the pipeline. But Kentucky and Indiana remain slightly above the national average.According to a report from the Mortgage Bankers Association, foreclosures and delinquencies are on the decline nationwide, though both states trail the trend. Just over 9% of Kentucky home loans and 10% of Indiana loans have past-due payments. The national average is 8.93%.(via)

Can we count on your support?

Louisville Public Media depends on donations from members – generous people like you – for the majority of our funding. You can help make the next story possible with a donation of $10 or $20. We'll put your gift to work providing news and music for our diverse community.