Local foreclosures down

A new housing report out today indicates foreclosure rates in the fairbanks area are falling.

 

The figures – coming from corelogic – show foreclosure rates in september 2013 at nearly three quarters of a percent,

Down from this same time last year, the fairbanks rate is also lower than the national foreclosure rate.

That rate sits at over two and a quarter percent.  The report also says the local mortgage delinquency rate is over two and a quarter percent – that's down from what it was at this time last year