Posted on: 01st Jan, 2013 04:29 am
Mortgage delinquency rate in the state of Iowa is lower in comparison to the rest of the country. Banks in Iowa have shown better results in terms of loan recovery.
Yes, we have to give thumbs up to Iowans because mortgage delinquency rates have remained consistently lower in Iowa when compared with the rest of the nation. Also, credit card debts have also remained consistently lower.
Iowans should be proud of themselves that even in such a grave real estate market situation, they have been able to make mortgage payments and have the lowest mortgage delinquency rates.