Bellingham’s foreclosure rate for November 2014 was down 0.36 percent from November 2013, according to a new report from CoreLogic, providers of real estate and financial information.
Foreclosures on outstanding mortgage loans was 0.83 percent for November 2014. In November 2013, the rate was 1.19 percent, according to the report. Foreclosure rates in November 2014 were slightly lower than October 2014, when the rate was 0.84 percent.
Foreclosure activity in Bellingham was also lower than the national foreclosure rate, which was 1.48 percent finNovember 2014.
The mortgage delinquency rate in Bellingham also decreased. According to CoreLogic data for November 2014, 2.30 percent of mortgage loans were 90 days or more delinquent compared to 3.20 percent for the same period last year, representing a decrease of 0.90 percentage points. In October 2014, the mortgage delinquency rate was 2.34 percent.
By the numbers:
| Bellingham, WA | 90+ Day Delinquency Rate | Foreclosure Rate |
|---|---|---|
| November 2014 | 2.30% | 0.83% |
| October 2014 | 2.34% | 0.84% |
| September 2014 | 2.41% | 0.86% |
| August 2014 | 2.50% | 0.91% |
| July 2014 | 2.62% | 1.00% |
| 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 | 3.42% | 1.17% |
| July 2013 | 3.60% | 1.29% |
| June 2013 | 3.72% | 1.38% |
| May 2013 | 3.73% | 1.40% |
| April 2013 | 3.76% | 1.41% |
| March 2013 | 3.92% | 1.46% |
| February 2013 | 4.05% | 1.46% |
| January 2013 | 4.16% | 1.58% |
Source: CoreLogic
