New report shows improvement in foreclosure data

A new report is showing decreased foreclosure rates in the local community.

The figures, coming from information analysis firm Corelogic, shows Fairbanks rates from January sitting at almost one percent.

The data also shows the national foreclosure rate, which sits at around three and a half percent.

While the report highlights an overall generally positive result, the data doesn’t shy away from other results.

One increase found in the data is the mortgage delinquency rate, which is higher than it was at this time last year.

It sits at around two and a half percent.