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Fort Wayne foreclosure rate is dropping

(Source: https://goo.gl/9IvsWr License: https://goo.gl/OOAQfn)

FORT WAYNE, Ind. (WOWO): The foreclosure rate in Fort Wayne is dropping.

Data from CoreLogic for June of this year shows a 0.92% foreclosure rate in the city, down from 1.27% from June of 2015. Across the state, the foreclosure rate in June was 1.02%, just slightly higher than the national average of 0.95%.

Fort Wayne, IN 90+ Day Delinquency Rate Foreclosure Rate
June 2016 2.68% 0.92%
May 2016 2.56% 0.97%
April 2016 2.63% 1.01%
March 2016 2.69% 1.06%
February 2016 2.92% 1.11%
January 2016 3.08% 1.10%
December 2015 3.07% 1.19%
November 2015 3.07% 1.20%
October 2015 3.14% 1.22%
September 2015 3.15% 1.23%
August 2015 3.23% 1.26%
July 2015 3.27% 1.28%
June 2015 3.26% 1.27%
May 2015 3.31% 1.27%
April 2015 3.29% 1.25%
March 2015 3.40% 1.29%
February 2015 3.63% 1.36%
January 2015 3.79% 1.36%

Source: CoreLogic.

CoreLogic also reports mortgage delinquency rates decreased.  Just 2.68% of mortgage loans were 90 days or more delinquent.  Last year that number was 3.26%.

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