Business Blog

Whatcom's mortgage delinquency rate continues to drop

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

The percentage of Whatcom County mortgages more than 90 days late was at 2.78 in April, the lowest level since 2009, according to CoreLogic, a national provider of property information.

Whatcom's delinquency rate remains lower than the Washington rate of 4.08 percent and the U.S. rate of 4.54 percent.

In April the percentage of Whatcom County loans in some stage of foreclosure was 1.04, also the lowest since 2009.

Whatcom's foreclosure rate in April was lower than Washington's rate of 1.63 percent and the national rate of 1.77 percent.