RealEstateEconomyWatch.com

As the year winds down, a growing number of homeowners are 30 days or more behind in their mortgage payments. Delinquency rates, which have been in decline for months, are creeping up again.

Lender Processing Services reported today that in November the national delinquency rate (loans 30 days past due but not in foreclosure) increased by 2.7 percent from October to 8.15 percent of all mortgages. However, the delinquency rate is still 9.6 percent below last year at this time.

LPS’ delinquencies hit a year low in March, at 7.78 percent, then rose over the summer and fell again to 7.93 percent in October, which was 10.2 percent below 2010.

The foreclosure pre-sale inventory fell 3 percent from October but is 2 percent above last year.

Some 4,144,000 million properties are 30 days or more past due, but not in foreclosures. The number of properties that are 90 or more days delinquent, but not in foreclosure reached 1,809,000. The grand total of all properties in foreclosure or delinquent 30 days or more is 6,260,000.

November 2011 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. States with highest percentage of non-current loans were FL, MS, NV, NJ, and IL. States with the lowest percentage of non-current* loans: MT, SD, WY, AK, ND.