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Foreclosure rates in ABE decrease in October, still above

By 69 News, follow: @69news, news@wfmz.com
Published On: Dec 23 2013 05:07:52 PM CST
Updated On: Dec 23 2013 05:54:21 PM CST

Foreclosure rates in the Lehigh Valley are on the decline but they're still ahead of the national average.

Foreclosure rates in the Lehigh Valley are on the decline but they're still ahead of the national average.

Corelogic put October's foreclosure rate at nearly 3.75 percent for our area.

While that number is down from last year, it's still higher than the national foreclosure rate which sits at more than 2-percent.

The report also says the local mortgage delinquency rate is 7.75 percent down from this time last year.