Foreclosures, late mortgages dropped in December

Foreclosures in the Bellingham area dropped 0.43 percent last December, compared to the same month during the previous year, according to new data released by CoreLogic.

The rate of Bellingham foreclosures among outstanding mortgages was 1.15 percent in December 2013, the figures show. Bellingham’s foreclosure rate was below the statewide rate, 1.8 percent, and the national rate of 2.09 percent during the same month, according to CoreLogic.

At the same time, the rate mortgage loans in Bellingham that at least 90 days behind was 3.07 percent in December 2013, a decrease of 1.11 percent compared to the same month the previous year. Bellingham’s mortgage delinquency rate in December 2013 was also lower than the statewide rate of 4.58 percent, and the national rate of 5.03 percent, according to CoreLogic.

Bellingham, WA 90+ Day Delinquency Rate Foreclosure Rate
December 2013 3.07% 1.15%
November 2013 3.19% 1.12%
October 2013 3.20% 1.10%
September 2013 3.27% 1.12%
August 2013 3.33% 1.17%
July 2013 3.52% 1.28%
June 2013 3.63% 1.37%
May 2013 3.69% 1.39%
April 2013 3.77% 1.42%
March 2013 3.91% 1.46%
February 2013 4.03% 1.46%
January 2013 4.15% 1.58%
December 2012 4.18% 1.58%
November 2012 4.17% 1.54%
October 2012 4.17% 1.49%
September 2012 4.27% 1.52%
August 2012 4.32% 1.47%
July 2012 4.37% 1.50%
June 2012 4.38% 1.47%
May 2012 4. 33% 1.39%
April 2012 4.32% 1.24%
March 2012 4.30% 1.12%
February 2012 4.34% 1.08%
January 2012 4.31% 1.07%
December 2011 4.31% 1.06%
November 2011 4.25% 1.08%
October 2011 4.22% 1.10%
September 2011 4.20% 1.17%
August 2011 4.17% 1.41%
July 2011 4.22% 1.63%
June 2011 4.33% 1.69%
May 2011 4.35% 1.62%
April 2011 4.37% 1.70%
March 2011 4.41%! 1.72%
February 2011 4.49% 1.65%
January 2011 4.48% 1.66%

Source: CoreLogic.

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