By Patrick O’Grady | Phoenix Business Journal
Phoenix-area mortgage delinquency and foreclosure rates continued to fall in June, and they are seeing lower levels around the state as well, according to a report out Tuesday.
CoreLogic, which tracks various home data, found the overall delinquency rate in the Phoenix metro at 2.6 percent for those behind more than 30 days with a mortgage payment. Serious delinquencies — defined as those more than 90 days past due — were at 0.7 percent for the region.
Both of those numbers were down slightly from June 2017, when delinquencies were at 2.8 percent and serious delinquencies were at 0.8 percent.