Residential foreclosure rates keep falling in San Antonio

By James Aldridge

Foreclosure rates in the San Antonio-New Braunfels metropolitan area decreased in the month of May, compared to the same period last year, according to a new report from CoreLogic.

The report shows that 0.61 percent of all outstanding mortgage loans in the metro area were in some stage of foreclosure for May. This is down from 0.71 percent of all outstanding mortgage loans in May 2014. This compares to a national foreclosure rate of 1.29 percent for May 2015.

In the San Antonio-New Braunfels area,… …read more

From:: biz journal foreclosures

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