FORT WAYNE, Ind. (WOWO): Foreclosure rates in Fort Wayne are on their way down.
According to the CoreLogic National Foreclosure Report, the rate of Fort Wayne area foreclosures among outstanding mortgage loans was 1.12% for February 2016. That’s a decrease of 0.25% compared to the same month last year.
Foreclosure activity in Fort Wayne was lower than the national rate of 1.13%.
There are also less people in Fort Wayne delinquent on their mortgages, with just under 3% reported 90 or more days late on their bills. Last year the number was closer to 4%.