WalletHub Report Highlights Rising Mortgage Debt in Alaska, Delaware, and Maine
A recent analysis by WalletHub has identified Alaska, Delaware, and Maine as the states experiencing the fastest increases in mortgage debt at the end of 2025. The report, which utilized data from the Federal Reserve Bank of New York, ranked all 50 states based on changes in mortgage debt, average balances, and payments. Alaska saw the largest percentage increase in average mortgage balance, rising 2.52% to $248,013, with an average monthly payment of $2,078. Delaware followed with a 2.51% increase to an average balance of $210,542 and a monthly payment of $1,689. Maine's average mortgage balance increased by 1.98% to $209,936, resulting in a monthly payment of approximately $1,723. The report highlights the uneven pressures across state housing markets, with mortgage rates at their highest in a decade and home prices continuing to rise. 
