Bellingham foreclosure rate is down

Foreclosures rates in the Bellingham area declined in June to 1.03 percent, according to new data from CoreLogic. That’s down 0.34 percentage points compared to June 2013, when the foreclosure rate was 1.37 percent.

Foreclosure rates in Bellingham continued to stay below the national rate of 1.7 percent in June 2014.

The mortgage delinquency rate also decreased. In June, 2.63 percent of mortgage loans were 90 days or more delinquent, compared to 3.63 percent for the same period in 2013.

Bellingham, WA 90+ Day Delinquency Rate Foreclosure Rate
June 2014 2.63% 1.03%
May 2014 2.71% 1.07%
April 2014 2.78% 1.04%
March 2014 2.85% 1.07%
February 2014 2.94% 1.11%
January 2014 3.05% 1.08%
December 2013 3.10% 1.19%
November 2013 3.20% 1.19%
October 2013 3.21% 1.14%
September 2013 3.28% 1.13%
August 2013 3.34% 1.17%
July 2013 3.52% 1.28%
June 2013 3.63% 1.37%

Source: CoreLogic

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