Business Blog

Mortgage delinquency continues to drop in Whatcom County

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 3.27 in September, the lowest level in four years, according to CoreLogic, a national provider of property information.

Whatcom's delinquency rate remains lower than the Washington (4.90 percent) and the U.S. (5.21 percent) rates.

In September the percentage of Whatcom County loans in some stage of foreclosure was 1.12, the lowest since March 2012.

Whatcom's foreclosure rate in September was lower than Washington's rate of 1.88 percent and the national rate of 2.29 percent.