Credit Conditions Map available through New York Federal Reserve site

Finding data on current credit market conditions and how your local area may compare to national trends and surrounding areas is not easy. Some of the most important information (like foreclosure data) is not collected by public agencies, but rather private groups (i.e., Mortgage Bankers Association) for significant fees. Surveys are also prepared by a variety of agencies, sometimes necessitating wide searches across sites for information that can take considerable time to gather.

The New York District of the Federal Reserve Bank has made some of this a little easier by developing a “Credit Conditions” page on their website that provides regularly-updated maps of data (by county and state).  Page viewers can highlight specific counties to see how they compare to national averages. For instance, the picture below shows most recently-analyzed mortgage delinquency rates (90+ days).

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