Almost 10 percent of Texans were behind in their home loan payments during the third quarter. And about 2 percent of the state's mortgage holders were in foreclosure at the end of September, the Mortgage Bankers Association reported Thursday.
The number of Texans behind on home loan payments has risen by more than one percentage point in the last year.
But the state's loan delinquency rate of 9.84 percent is still slightly behind the national average for the quarter, which is at a record 9.94 percent.
And Texas' foreclosure rate is less than half the national average.
"Despite the recession ending in midsummer, the decline in mortgage performance continues," Mortgage Bankers' economist Jay Brinkman said in the report. "Job losses continue to increase and drive up delinquencies and foreclosures."
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