According to TransUnion the number of home owners more than 2 months behind on their mortgage payments fell during quarter one of this year by 21% in comparison to 2012.
A portion of this relief comes from increased home values and purchases which started just over one year ago. Home prices rose 10.5% in March 2013 alone, making it easier for existing home owners to refinance or sell their homes.
The top 3 states with the lowest mortgage payment delinquency rate.
Top 3 states with the highest mortgage payment delinquency rate.