It's no new news that the housing market is improving as delinquency and foreclosure rates decline to levels not seen since October 2007 and 2008, respectively.

And on top of that, the share of loans in foreclosure is down nearly 37% year-over-year, and foreclosure starts are at a 7.5 year low.

Black Knight Financial Services, formerly the LPS Data & Analytics division, released its first look at March 2014 month-end mortgage performance statistics, which covers approximately 70% of the overall market.

The total U.S. delinquency rate — loans that are 30 or more days past due, but not in foreclosure — came in at -7.57% month-over-month and -16.29% year-over-year.

As of March, total U.S. foreclosure starts hit 88,100, a month-over-month change of -4.24% and a year-over-year change of -27.19%.

The number of properties that are 30 or more days past due, but not in foreclosure hit 2,770,000, while the number of properties that are 90 or more days past due, but not in foreclosure reached 1,199,000.

But despite the national trends, this changes on a state-by-state basis. So where does each state fall?

See the next page for top 5 lists. 

Top 5 states with the highest percentage of Non-Current* mortgages
Mississippi: 13.39%
New Jersey: 12.93%
Florida: 12.10%
New York: 11.09%
Maine: 10.58%

state

Bottom 5 states (lowest percentage of Non-Current* mortgages)
Montana: 3.93%
Colorado: 3.89%
Alaska: 3.83%
South Dakota: 3.43%
North Dakota: 2.51%

Top 5 States by serious delinquency (90+ days)
Mississippi: 5.28%
Nevada:4.06%
Rhode Island: 3.78%
Alabama: 3.55%
Massachusetts: 3.49%

Massachusetts

Top 5 states with the most improvement in Non-Current* rates (within the last 6 months)
Nevada: -21.42%
Florida: -20.53%
Illinois: -20.10%
Arizona : -19.27%
California: -19.22%

Top 5 states with the least improvement in Non-Current* rates (within the last 6 months)
Oklahoma: -9.94%
New York: -10.34%
New Mexico: -10.49%
Alabama: -10.61%
Louisiana: -10.69%

*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.

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