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January 25, 2012

10 States with the Worst Mortgage Debt

by billthemortgageguy

24/7 Wall St. examined a recent report by Credit Karma to find the 10 states with the highest average mortgage debt. Most of the states on our list have extremely high mortgage debt because of the size of their initial mortgages.

States like Connecticut and Massachusetts, which have among the highest median home values in the U.S., also have among the highest mortgage debt. Hawaii, which has the second-highest average mortgage debt per person, has the highest median home value of $525,400. 


via Ten States with the Worst Mortgage Debt – 24/7 Wall St..







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