by Calculated Risk on 3/15/2007 07:57:00 PM

Recently we've seen two interesting maps: the MBA delinquency map and the BusinessWeek "Map of Misery" showing the percentage of loans with payment options by state.

Here is the BusinessWeek Map of Misery. This map is from BusinessWeek's cover story: Nightmare Mortgages

If we combine the maps, are we looking into the future?

Click on Map for animated GIF combining the two maps.

No wonder Goldman Sachs expressed concern yesterday about "the credit quality of ... prime ARMs with very low initial interest rates ... deteriorating at pace that is similar to that of subprime ARMs."

This map shows what might happen in the near future with delinquency rates.