Delinquency and foreclosure rates continued to improve locally in July, according to a report.

Real estate data firm CoreLogic said Tuesday that 2.5 percent of mortgages in the Lincoln area were delinquent by at least 30 days in July, down from 3 percent in July 2016.

Lincoln mortgages in serious delinquency, meaning they were at least 90 days past due, totaled 0.8 percent in July, compared with 1 percent in July 2016.

The foreclosure inventory rate for July was 0.2 percent, down from 0.3 percent a year earlier.

The local delinquency and foreclosure levels for July were below state and national levels. According to the report, 3.4 percent of Nebraskans were at least 30 days behind on their mortgage, 1.1 percent were at least 90 days behind and the foreclosure inventory rate was 0.3 percent.

Nationally, the 30-day delinquency rate in July was 4.6 percent, and the 90-day rate was 1.9 percent. The foreclosure inventory rate was 0.7 percent.

Angry
0
Sad
0
Funny
0
Wow
0
Love
0

Load comments