MIAMI--Mortgage debt remains the largest category of debt for Americans, with the average household carrying nearly $105,000 in mortgage debt.
WalletHub’s latest study, States Adding the Most Mortgage Debt, examined proprietary data from Q3 2024 to Q4 2024 to compare mortgage debt trends across all 50 states.
“Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years as well,” said WalletHub Editor John Kiernan. “Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs for homeowners, so it’s important to choose wisely when deciding where and when to buy a house.”
See the list below: