Mortgage delinquency rate continues to drop in Whatcom County

THE BELLINGHAM HERALDFebruary 27, 2014 

Whatcom County's mortgage delinquency rate continues to steadily drop, according to a new report.

The percentage of Whatcom County mortgages more than 90 days delinquent was at 3.07 in December, the lowest level in about five years, according to CoreLogic, a national provider of property information.

Whatcom's delinquency rate remains lower than the Washington rate of 4.58 percent and the U.S. rate of 5.03 percent.

In December the percentage of Whatcom County loans in some stage of foreclosure was 1.15, up slightly from November.

Whatcom's foreclosure rate in December was lower than Washington's rate of 1.80 percent and the national rate of 2.09 percent.

Reach Business Editor Dave Gallagher at 360-715-2269 or dave.gallagher@bellinghamherald.com. Read the Business Blog at bellinghamherald.com/business-blog or get updates on Twitter at @bhamheraldbiz.

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