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02/27/2013

Area's mortgage delinquency rate remains flat in December

 The number of homeowners in Tarrant, Johnson, Parker and Wise counties falling behind on their mortgages remained flat in December, says CoreLogic research firm.

CoreLogic said 4.6 percent of mortgage holders were at least 90 days delinquent in December, the same as November. But, it decreased from a year ago when 5.3 percent of mortgage holders were at least 90 days late on payments.

In Texas, the number fell to 4 percent, from 4.8 percent a year ago. And nationally, the number fell to 6.4 percent from 7.2 percent a year ago, CoreLogic said.

Also, the area’s foreclosure rate was 1.1 percent in December, down from 1.4 percent in December 2011. The foreclosure rate measures the percentage of loans in some state of the foreclosure process.

_ Sandra Baker

 

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