South Dakota records second lowest rate in the nation for mortgage delinquency in the third quarter.
According to TransUnion, North Dakota comes in lowest with 1.4% of homeowners two months behind on payments. South Dakota is next with a rate of only 1.6%. Florida's rate of 7.8% tops the list.
Nationally the delinquency rate rose more than 1% to 3.96% as of September 30, compared to 2.56% last year.
Source: Sioux Falls (AP) & The Brookings Register Monday December 8, 2008