April 11, 2007

Mortgage delinquency rate

Check out Nevada's ranking on this interactive from the Wall Street Journal.

The mortgage delinquency rate climbed to 2.87% in the first-quarter, up from a recent low of 2.03% in the fourth quarter of 2005. The rate is at its highest level since at least 2000. The rise in delinquencies has been steepest in Modesto, Stockton and Merced, Calif., and the Port. St. Lucie-Fort Pierce metro areas in Florida. On an absolute basis, delinquencies are highest in Detroit-Livonia-Dearborn, Mich. and Brownville-Harlingen, Texas. — Ruth Simon

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