B.R. delinquencies up, but still below state, national average

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The percentage of delinquent homeowners locally is up from a year ago, but still below the state and national average. According to First American CoreLogic, 4.8% of Baton Rouge homeowners were 90 days or more late on paying their house note in March, compared with 3.1% for March 2008. That’s better than the state average of 5.2% of homeowners being delinquent on their mortgage, compared with 3.6% in March 2008. The percentage of delinquent homeowners nationally went up from 3.8% in March 2008, to 6.2%.

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