Bellingham’s foreclosure and mortgage delinquency rates dropped in May compared to rates from the same month one year ago, according to figures released by CoreLogic, a California-based financial data and analysis company.

The city’s foreclosure rate among outstanding mortgage loans was 1.13 percent in May 2012. The rate was 1.61 percent one year ago.

Bellingham’s foreclosure rate in May 2012 was below the national rate of 3.41 percent.

According to CoreLogic, Bellingham’s mortgage delinquency rates also decreased. In May 2012, 4.29 percent of mortgage loans were 90 days delinquent or more—one year ago, that rate was 4.33 percent.