Whatcom mortgage delinquency rate drops to lowest level in more than two years


Fewer Whatcom County residents are late on their mortgage payments or in some stage of foreclosure, according to a new report.

The percentage of Whatcom County loans more than 90 days delinquent was 4.01 in February, the lowest monthly percentage since October 2010, according to data from CoreLogic, a national provider of property information.

Whatcom's delinquency rate remains lower than the Washington rate of 6.08 percent and the U.S. rate of 6.19 percent.

In February the percentage of Whatcom County loans in some stage of foreclosure was 1.46, the lowest monthly rate since May 2012.

Whatcom's foreclosure rate in February was lower than Washington's rate of 2.37 percent and the national rate of 2.85 percent.

Reach Business Editor Dave Gallagher at 360-715-2269 or dave.gallagher@bellinghamherald.com. Read his business blog at blogs.bellinghamherald.com/business or follow him on Twitter at @bhamheraldbiz.

Bellingham Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service