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Tampa Bay still has more delinquent borrowers per capita than the U.S. as a whole

Nationwide, the mortgage delinquency rate is at the lowest level in 20 years.

More Tampa Bay homeowners are late on their mortgage payments per capita than those nationwide although delinquency rates continue to decline. As of September, 4 percent of bay area borrowers were 30 or more days delinquent compared to 3.8 percent nationally, according to the real estate data site CoreLogic. Among homeowners "seriously delinquent'' on their mortgages (at least 90 days late), the bay area rate was 1.6 percent compared to 1.3 percent country-wide.

Tampa Bay’s delinquency rates were less than in the same month a year ago as the U.S. overall delinquency rate was the lowest for a September in at least 20 years. No state showed a year-over-year gain in late payments, although some metro areas recorded annual increases, including Panama City, hard hit by Hurricane Michael in 2018.