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10/21/2013

Fort Worth-Arlington delinquency and foreclosure rates fall in August

The rate at which Fort Worth-Arlington mortgage holders are falling behind on their mortgages continues to grow smaller, according to a CoreLogic real estate report.

In August, 4.14 percent of mortgage loans were 90 days or more delinquent, compared to 4.72 percent in August 2012.

Also, the rate of foreclosures among outstanding mortgages was 1.12 percent in August, compared to 1.43 percent in August 2012.

The local foreclosure rate was below the national rate of 2.36 percent, CoreLogic said.

Statewide, the 90-day delinquency rate fell to 3.5 percent in August, from 4.18 percent a year ago, the report said.

_ Sandra Baker

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