The housing crisis looked even bleaker Friday, with mortgage delinquencies and foreclosure rates worsening in the second quarter.
Rank State Percent of mortgages
in delinquency
1 Mississippi 10.44
2 Michigan 8.55
3 Georgia 8.06
4 Indiana 7.97
5 Tennessee 7.70
39 Minnesota 4.54
U.S. average 6.41
Rank State Percent of loans
in foreclosure
1 Florida 6.0
2 Nevada 4.92
3 Ohio 3.97
4 California 3.86
5 Michigan 3.60
12 Minnesota 2.69
U.S. average 2.75
Source: Mortgage Bankers Association
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