Mortgages 30–89 days delinquent (Metro and non-metro areas)

Mortgages that are considered 30-89 days delinquent refer to home loans where the borrower has failed to make their mortgage payment within the standard grace period, typically between one to three months.The classification of mortgages into metro (metropolitan) and non-metro (non-metropolitan or rural) areas is based on the location of the property securing the loan. Metro areas encompass regions characterized by higher population densities, urban centers, and associated suburban areas. Non-metro or rural areas, on the other hand, include regions with lower population densities, towns, and countryside locations.