Mortgage delinquencies were down across the country in July — a trend that was also marked in the Central Valley.

According to the latest data from real estate analysis firm CoreLogic, nationally 4.6 percent of mortgages were in some stage of delinquency in July, which represents a nearly 1-percentage point decline from the prior year.

The foreclosure inventory rate for that month, which measures the share of mortgages in some stage of foreclosure, was 0.7 percent, down from 0.9 percent a year earlier.

For July in Fresno, 4.3 percent of mortgages were delinquent by at least 30 days, compared to 4.8 percent in July 2016. Serious delinquencies (90 days past due) totaled 1.3 percent in July, compared to 1 .7 percent in July 2016.

Fresno’s foreclosure inventory rate for July was 0.3 percent compared with 0.5 percent a year earlier.

In the Hanford-Corcoran region, 5.2 percent of mortgages were delinquent at least 30 days in July, compared to 5.7 percent a year earlier. Serious delinquencies totaled 1.5 percent that month compared to 2 percent a year prior.

Hanford’s foreclosure inventory rate was 0.5 percent compared to 0.6 percent a year earlier.

In the Visalia-Porterville area, 4.9 percent of mortgages were delinquent at least 30 days in July, compared to 5.3 percent a year ago. Serious delinquencies totaled 1.5 percent in the month, compared to 1.8 percent a year prior.

The Visalia foreclosure inventory rate was 0.3 percent compared to 0.5 percent a year earlier.

Madera mortgages delinquent by at least 30 days in July totaled 4.6 percent, down from 4.9 percent a year earlier. Serious delinquencies totaled 1.6 percent, compared to 1.9 percent a year prior.

The Madera foreclosure inventory rate was 0.5 percent, unchanged for the prior year.

“While the U.S. foreclosure rate remains at a 10-year low as of July, the rate across the 100 largest metro areas varies from 0.1 percent in Denver to 2.2 percent in New York,” said Dr. Frank Nothaft, chief economist for CoreLogic. “Likewise, the national serious delinquency rate remains at 1.9 percent, unchanged from June, and when analyzed across the 100 largest metros, rates vary from 0.6 percent in Denver to 4.1 percent in New York.”

“Even though delinquency rates are lower in most markets compared with a year ago, there are some worrying trends,” said Frank Martell, president and CEO of CoreLogic. “For example, markets affected by the decline in oil production or anemic job creation have seen an increase in defaults. We see this in markets such as Anchorage, Baton Rouge and Lafayette, Louisiana where the serious delinquency rate rose over the last year.”