According to the Dallas Morning News, nearly one in every ten Texans who had a home loan was behind on their home loan payments at some point during the third quarter of 2009. On top of that, it’s also estimated that about two percent, or one in fifty home loan holders in Texas were in a state of foreclosure by the end of September. These statistics came from the Mortgage Bankers Association, which pulls together regular industry reports about the state of home loans in Texas and elsewhere.

In the greater Dallas-Fort Worth area, over 61,000 homes saw a threat of foreclosure in 2009. This represents a sharp increase of 23 percent from 2008, and does not bode well for the metro region.

In addition, Texans that are behind on their mortgage payments have risen more than a full percent over the past year.  More than five percent of home loans in Texas were in a state of being over 90 days past due at the end of September. At this stage, these loans are considered statistically the most likely to wind up in foreclosure.

Job losses, as well as other economic factors have helped to continue the rise in both foreclosures and delinquencies. Employment figures are a leading indicator of what will happen in terms of home loan performance.

Even though there are signs that the recession is coming to an end and that the national economy has hit its bottom, there is speculation that the worst of it all may be over. The overall numbers in Texas aren’t great, but they’re not all bad compared to the rest of the country.

Not all of the news out of Texas is bad. The loan delinquency rate is 9.84 percent in Texas. The national rate was 9.94 percent for the third quarter, putting Texas slightly under the national average. Additionally, in spite of the large number of foreclosures in the Dallas-Fort Worth region, the overall foreclosure rate in the state of Texas is half of the average foreclosure rate around the country.

In fact, Texas is one of the bottom eight states with the lowest figures in regard to home loans that are in a status of foreclosure. Florida has the highest rate of foreclosures currently, and it is estimated that around 13 percent of all home loans in Florida are in foreclosure. The next closest state is Nevada, with just around 9.5 percent of homes in foreclosure.

Many other states have significantly higher delinquency rates on their home loans, as well. Mississippi holds the dubious honor of having the highest rate at 14.4 percent of homes in delinquency, with Nevada trailing behind at 14 percent and Georgia more than a full point lower at 12.93 percent.

Nevada, as you can imagine, is in a world of hurt right now. It’s estimated that over a quarter of the homes in Nevada that have mortgages are either in foreclosure or they’re delinquent.