Bellingham foreclosure rates decrease

Bellingham foreclosure rates in May 2014 were lower than May 2013, according to new data from CoreLogic.

Bellingham’s rate of foreclosures among outstanding mortgage loans was 1.07 percent for the month of May 2015, a 0.32 percent decrease from May 2013’s rate of 1.39 percent.

Foreclosure activity in Bellingham was 0.66 percent lower than the national foreclosure rate in May, which was 1.73 percent.

The mortgage delinquency rate also decreased in Bellingham. In May 2014, 2.71 percent of mortgage loans were 90 days delinquent or more, compared to 3.69 percent in May 2013.

Related Stories