Business Blog

Foreclosure, mortgage delinquency continues to drop in Whatcom County

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 2.62 in July, 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 3.79 percent and the U.S. rate of 4.32 percent.

According to the data, 1 percent of Whatcom County loans were in some stage of foreclosure, the lowest level since 2010.

Whatcom’s foreclosure rate in July was lower than Washington’s rate of 1.51 percent and the national rate of 1.66 percent.