Toledo area delinquencies on the decline

Mortgage delinquencies are declining in metro Toledo, a new study shows.

Home loans in metro Toledo with payments at least 30 days late were 6.3% of all mortgages in January, down from 7.1% for the same month a year earlier, according to CoreLogic Inc., a website that tracks real estate data.

The study, released Tuesday, also found that metro Toledo mortgages with payments at least 90 days late were 2.9%, down from 3.2% a year earlier.

Nationally, CoreLogic said, 5.3% of all mortgages in January were delinquent by 30 days, down from 6.4% a year earlier, and 2.5% were 90 days or more late in payments, down from 3.2% a year earlier.

Tribune Content Agency
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