Real estate news & trends

Search posts

Loan delinquency

News & trendsMarket conditions

Chicago-area loan delinquency, foreclosure rates down sharply

CoreLogic foreclosure rates

According to statistics released yesterday by CoreLogic, the percentage of Chicago metro area mortgage loans that are more than 90 days delinquent fell sharply year-over-year in March, from 9.44% to 7.01%. During the same period the local foreclosure rate fell from 5.22% to 3.09%. Both rates are substantially higher than US averages, but that may ...

Comment Read the full article →
Posted by Joe Zekas on May 28, 2014