A new report indicates the percentage of Whatcom County mortgages more than 90 days late continues to decline.
In August the percentage of delinquent home mortgages was 4.14, down from a revised 4.2 percent in July, according to CoreLogic, a national provider of financial and property information.
The delinquency rate has steadily declined since February, when the rate peaked at 4.45 percent locally. Whatcom’s delinquency rate in August was lower than the state (5.98 percent) and the national (7.18 percent) rates.
The percentage of Whatcom County mortgages in some stage of foreclosure also has declined. In August the rate was 1.41 percent, down from 1.63 percent in July. The state foreclosure rate was 1.92 percent in August, while the national rate was 3.43 percent.
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