Orlando foreclosures higher than national average

By Emma Skeels

New data from CoreLogic shows the rate of Orlando-Kissimmee-Sanford area foreclosures was 1.59 percent in June — down 1 percentage point compared to the same time last year.

However, Central Florida’s foreclosure rate was still higher than the national rate of 0.95 percent in June.

The mortgage delinquency rate in Central Florida also decreased in June. The rate of mortgage loans 90 days or more delinquent was 4.49 percent, down from 6.01 percent last year.

Statewide, Florida’s foreclosure… …read more

From:: biz journal foreclosures

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