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Fort Wayne February foreclosure rate drops

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

FORT WAYNE, Ind. (WOWO): Foreclosure rates in Fort Wayne are on their way down.

According to the CoreLogic National Foreclosure Report, the rate of Fort Wayne area foreclosures among outstanding mortgage loans was 1.12% for February 2016. That’s a decrease of 0.25% compared to the same month last year.

Foreclosure activity in Fort Wayne was lower than the national rate of 1.13%.

There are also less people in Fort Wayne delinquent on their mortgages, with just under 3% reported 90 or more days late on their bills. Last year the number was closer to 4%.

(Photo Supplied/CoreLogic)
(Photo Supplied/CoreLogic)

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