Florida leads nation in February mortgage delinquency rate; Irma could be to blame – Jacksonville Business Journal

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Florida leads nation in February mortgage delinquency rate; Irma could be to blame. About 128,000 hurricane-related delinquent mortgages remain in Texas, Florida and Georgia. Nationally, the loan delinquency rate is up 2.1 percent since last year, but has decreased .21 percent from January to February. Foreclosure starts fell 25 percent from January to February after reaching a 12-month high in January.

Florida leads nation in February mortgage delinquency rate; Irma could be to blame – Jacksonville Business Journal Florida leads nation in February mortgage delinquency rate; Irma could be to blame. About 128,000 hurricane-related delinquent mortgages remain in Texas, Florida and Georgia.

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Other Florida cities have more widespread mortgage delinquency issues, Trans-Union data shows. Miami’s delinquency rate, for example, has climbed from 1.73 percent in the fourth quarter of 2006 to.