New numbers show Bellingham foreclosures rose last November

Foreclosure rates in Bellingham increased for the month of November over the same period last year, according to newly released data from CoreLogic.

The rate of Bellingham area foreclosures among outstanding mortgage loans was 1.54 percent in November 2012, an increase of 0.46 percentage points compared to November 2011, when the rate was 1.08 percent.

Foreclosure activity in Bellingham was lower than the national foreclosure rate, which was 2.97 percent for November 2012.

Also in Bellingham, the mortgage delinquency rate decreased. For November 2012, 4.16 percent of mortgage loans were 90 days or more delinquent compared to 4.25 percent for the same period last year, representing a decrease of 0.09 percentage points, according to CoreLogic data.

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