Local News

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)

Related posts

Allen County Judge set to sentence Indianapolis man for deadly explosion

AP News

Geneva Man Killed in U.S. 27 Accident

Tom Franklin

Which should Indiana be more concerned about Ebola or the flu?

Kayla Blakeslee

Leave a Comment