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Friday, March 22, 2024
States Adding the Most Mortgage Debt -- Hawaii Ranks 3rd
By News Release @ 3:32 AM :: 1280 Views :: Hawaii Statistics, Cost of Living

States Adding the Most Mortgage Debt

from Wallet Hub, March 21, 2024

Americans owe more than $12 trillion on their mortgages, and the personal-finance website WalletHub today released its report on the States Adding the Most Mortgage Debt to show where homeowners are struggling the most. WalletHub compared the 50 states based on its proprietary data on mortgage debt from Q3 2023 to Q4 2023.

Hawaii Stats

  • Overall Rank: 3rd
  • Change in average mortgage debt: The average mortgage balance in Hawaii increased by 0.07% from Q3 2023 to Q4 2023.
  • Average mortgage debt: The average mortgage balance in Hawaii was $366,362 in Q4 2023.
  • Average monthly payment: The average monthly mortgage payment in Hawaii was $2,419 in Q4 2023.

Read  … Full Report

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