Local

Metro Foreclosure Rates Fall

View Comments
(credit: Joe Raedle/Getty Images)

(credit: Joe Raedle/Getty Images)

SANTA ANA, Calif. (WCCO) – A new housing report shows that foreclosure rates are falling in the Minneapolis-St. Paul-Bloomingon area.

According to CoreLogic, a business data and analytics company, foreclosure rates are down nearly two percent from the same time last year.

The Minneapolis-St. Paul-Bloomington rate is also lower than the national foreclosure rate, which sits at nearly three and a half percent.

The mortgage delinquency rate is currently at four and a half percent, which is also down from the same time last year.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 4,313 other followers