Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Annie Baxter
St. Paul, Minn.

Mortgage delinquency rates fall in Minn. in 3Q

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!

The delinquency rate for home mortgages in Minnesota fell during the third quarter compared to a year earlier.

According to the Mortgage Bankers Association, Minnesota's mortgage delinquency rate fell from about 7 percent in the July-to-September period of last year to 6.3 percent this year.

The delinquency rate is the percentage of loans that are at least 30 days past due.

Minnesota's delinquency rate was more than three percentage points lower than the national average, ranking 43rd among the 50 states and Washington, D.C.

The association says the number of homes entering foreclosure in the third quarter in Minnesota dropped slightly from the same time a year ago.

And the percentage of loans in the foreclosure process at the end of the quarter fell about half a percent over the same period.