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📍 Missed Payments, Rising Pressure: Where Homeowners Are Falling Behind

July 31, 2025 | Mortgage Insights | Presented by ReadySetLoan™


A new map from RealtyTrac and ATTOM reveals a concerning rise in mortgage delinquencies across several U.S. regions—especially in the Southeast, Mid-Atlantic, and parts of the Rust Belt. While national foreclosure rates remain below pre-pandemic averages, more homeowners are showing early signs of financial stress, missing one or more mortgage payments.


At ReadySetLoan™, we believe knowledge is your most powerful asset in uncertain times. Let’s break it down.


🔍 What the Data Shows

According to ATTOM’s latest foreclosure heatmap:

  • Mississippi, Louisiana, and Georgia are showing the highest concentrations of homeowners behind on payments.

  • Urban counties in New York and Illinois, particularly Cook County (Chicago), also show increased delinquency patterns.

  • Connecticut, while not in the top tier, has seen modest upticks, especially in areas with higher housing costs.


These findings point to a broader trend: many households are struggling to keep up, not because of subprime lending or risky borrowing—but due to inflation, stagnant wages, and the burden of elevated interest rates.


🐷 RSL Piggy Points

Here’s what ReadySetLoan™ wants Connecticut buyers and homeowners to keep in mind:

  • 🐷 Pre-Foreclosure ≠ Foreclosure: Falling behind doesn’t mean losing your home. Early intervention matters.

  • 🐷 Equity Still Matters: Most homeowners still hold positive equity—even if they miss a payment or two.

  • 🐷 Local Trends Vary: While national maps paint broad strokes, your local market (like Fairfield County or Hartford suburbs) might tell a very different story.


🎙️ Neil’s Take

Neil Caron, Area Sales Manager at CMG Mortgage

“Don’t panic over national maps. Instead, ask yourself: What’s your home equity situation? What’s your monthly cash flow? At ReadySetLoan™, we guide homeowners through options—from refinancing to forbearance—before small issues become big ones.”


💡 The RSL Perspective

Whether you’re behind on payments or just worried about what’s next, you're not alone. At ReadySetLoan™, we help Connecticut homeowners and buyers navigate everything from rate shifts to relief options with clarity and confidence.


Need help interpreting your financial picture? 

Let ReadySetLoan™ be your resource, your educator, and your advocate.

Visit ReadySetLoan.com to schedule a free mortgage wellness review.

We're here to help you stay in control—no matter what the market throws your way.









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