Here are the cities with the highest mortgage delinquency rates

By Daniel Miller
Published  October 17, 2024 12:05pm CDT
Fox TV Stations

FILE-A for sale sign is displayed outside a home on August 16, 2024. (Photo by PATRICK T. FALLON/AFP via Getty Images)

The Brief

    • Laredo, Texas ranked first as the city with the highest mortgage delinquency rate, according to WalletHub.
    • WalletHub created its rankings of cities with user data on consumer mortgages in 2024.
    • Late mortgage payments can lead to late fees and foreclosure.

null - The rising cost of housing has not only made it tough for consumers to buy a home, but for current homeowners to consistently keep up with their mortgage payments. 

When mortgage payments are delinquent it can result in late fees, credit score damage and eventually foreclosure. 

WalletHub released a report examining cities nationwide with the largest rates of late mortgage payments. 

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The personal finance website created its rankings of cities with user data on consumer mortgage delinquency rates between Q1 2024 and Q2 2024.

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Based on their findings, Laredo, Texas ranked first, followed by Detroit, Baton Rouge, Louisiana, Philadelphia, and Newark, New Jersey, which rounded out the top five. 

Here are the top cities in the nation with the most delinquent mortgage rates. 

Cities with the most delinquent mortgage rates

  1. Laredo, Texas
  2. Detroit
  3. Baton Rouge, Louisiana
  4. Philadelphia
  5. Newark, New Jersey
  6. Corpus Christi, Texas
  7. El Paso, Texas
  8. Baltimore
  9. Lubbock, Texas
  10. Memphis
  11. New Orleans
  12. Greensboro, North Carolina
  13. Fort Worth, Texas
  14. Tulsa, Oklahoma
  15. Norfolk, Virginia
  16. Houston, Texas
  17. Garland, Texas
  18. San Antonio, Texas
  19. Birmingham, Alabama
  20. Louisville, Kentucky


To see the complete list of cities with delinquent mortgage rates, click here. 

The Source 

  • Information for this story was provided by WalletHub, who conducted the study using data on consumer mortgage delinquency rates in 2024.  This story was reported from Washington, D.C.