NH lags far behind Maine, Vt, when it comes to reducing mortgage debt: report

As mortgage delinquency rates improve in most states across the country, the personal-finance website WalletHub has released its latest report on the States Where Mortgage Delinquency is Decreasing the Most and Least. The report highlights the states where homeowners are making the most progress in staying current on their mortgage payments from Q4 2024 to Q1 2025.

For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/states-where-mortgage-delinquency-is-decreasing-the-most/135926



"If you are delinquent on mortgage debt, you typically have until the debt is 30 days past-due (meaning you have missed two payments) in order to get current. After that, the lender will report the delinquency to the credit bureaus, which will damage your credit score. Therefore, it's important to try to get current on your debt as quickly as possible. If you are experiencing financial difficulty that prevents you from paying, ask your lender if they will allow temporary forbearance until you get back on your feet, which may prevent you from being reported as delinquent."
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"Montana is the state where mortgage delinquency is decreasing the most. In Q1 2025, the number of delinquent mortgages in the state dropped by over 17% compared to Q4 2024, marking the largest decline in the country. Thanks to this significant improvement, Montana now boasts one of the lowest delinquency rates in the country slightly over 5%."

- Chip Lupo, WalletHub Analyst