In the 2025 edition of its Cities With the Most Mortgage Delinquencies report, construction industry watcher Construction Coverage analyzed the latest data from the Consumer Financial Protection Bureau, Census Bureau, and Zillow to reveal the locations with the greatest percentage of mortgages at least 30 days delinquent.

Key Findings

In the NY metro, 2.5% of mortgages were at least 30 days delinquent as of December 2024, which places the NY metro 29th worst among 53 large U.S. metros. Meanwhile, 0.8% were at least 90 days delinquent.

Southern states like Mississippi and Louisiana report the highest rates of missed mortgage payments, while West Coast states like Oregon and California have the lowest. Similar patterns appear at the metro level, with higher delinquency rates in the South and pockets of the East Coast.

Nationwide, delinquency rates for all major loan types—including auto, student, and credit card debt—have now surpassed pre-pandemic levels. Mortgage loans dominate, however, accounting for over 70% of all U.S. household debt and totaling more than $12.9 trillion.