published on November 3, 2016 - 9:24 PM
Written by The Business Journal Staff
Valley foreclosure and mortgage delinquency rates continued to fall in August, according to new data from real estate information firm CoreLogic.

 

Fresno’s foreclosure rate for August was 0.48 percent, down 0.15 percent from last year. The mortgage delinquency rate also decreased to 1.9 percent compared to 2.4 percent a year ago.

In the Hanford-Corcoran region, the foreclosure rate was 0.67 percent for August, down 0.16 percent from last year. Mortgage delinquency rates also fell to 2.39 percent that month, compared to 3.14 percent a year ago.

In Madera, the August foreclosure rate was 0.49 percent, down 0.37 percent compared to last year. The mortgage delinquency rate also feel to 2.05 percent in August, down from 2.98 percent a year ago.

In Visalia-Porterville, the foreclosure rate was 0.47 percent in August, down 0.21 percent compared to a year ago. The delinquency rate that month was 1.97 percent, down from 2.57 percent a year ago.

The national foreclosure rate for August was 0.9 percent, down 0.38 percent a year ago. The delinquency rate was also down to 2.66 percent, compared to 3.49 percent a year ago.


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