The rate of mortgage delinquencies has skyrocketed since 2004, when only 1 percent of traditional mortgages, known as prime, were 60 days in arrears and just 1.5 percent were in foreclosure. Even mortgages given to risky borrowers, known as sub-prime, had low rates of trouble then — 4.5 percent were 60 days late and 3.82 percent were in foreclosure. By July 2009, those rates were unbelievably high, as the chart below shows. To research foreclosure rates in a specific city, click on the state. The bar for each state shows the relative proportion of each type of mortgage — prime, Alt-A and subprime — among that state's foreclosures. The number after the bar is the percentage of mortgages in foreclosure in that state. The same format is followed for cities.
| Loans |
Prime Least risk loans |
Alt-A More risk loans |
Subprime Most risk loans |
| As of July 2009 | 40,917,313 | 2,456,917 | 2,703,671 |
| +60 days delinquent | 6.0% | 25.5% | 39.7% |
| Bank-owned / Foreclosing | 2.2% | 14.3% | 18.2% |
| Click an area for details. | Bank-owned / Foreclosing Overall | Florida |
  
11.9% |
Nevada |
9.6% |
Arizona |
5.8% |
California |
5.6% |
New Jersey |
4.6% |
Illinois |
4.1% |
Rhode Island |
3.8% |
Hawaii |
3.8% |
Maryland |
3.6% |
Ohio |
3.5% |
Michigan |
3.4% |
New York |
3.4% |
Maine |
3.3% |
Connecticut |
3.2% |
Indiana |
3.1% |
Idaho |
3.1% |
Georgia |
3.0% |
Minnesota |
2.9% |
District of Columbia |
2.9% |
Massachusetts |
2.7% |
South Carolina |
2.7% |
Delaware |
2.6% |
Wisconsin |
2.5% |
Utah |
2.5% |
Oregon |
2.4% |
Kentucky |
2.4% |
New Mexico |
2.3% |
Colorado |
2.3% |
Louisiana |
2.2% |
Pennsylvania |
2.2% |
Washington |
2.2% |
Virginia |
2.1% |
Mississippi |
2.1% |
Oklahoma |
2.1% |
New Hampshire |
1.9% |
Iowa |
1.9% |
West Virginia |
1.9% |
Tennessee |
1.8% |
Vermont |
1.7% |
Alabama |
1.7% |
Missouri |
1.7% |
Kansas |
1.6% |
North Carolina |
1.6% |
Texas |
1.5% |
Arkansas |
1.5% |
Montana |
1.4% |
South Dakota |
1.3% |
Nebraska |
1.2% |
Alaska |
1.2% |
Wyoming |
1.0% |
North Dakota |
0.8% |
Source: First American CoreLogic,
LoanPerformance data, collected July 2009 on more than
80 percent of home mortgages from lenders, loan servicers and issuers of
mortgage-backed securities.
Counts are estimates based on market multipliers.