Foreclosures falling in Greater Des Moines
BPC Staff Dec 30, 2015 | 10:31 pm
<1 min read time
78 wordsAll Latest News, Real Estate and DevelopmentGreater Des Moines foreclosure rates dropped in October over the same period last year, real estate analytics firm CoreLogic Inc. said today. The foreclosure rate among outstanding mortgage loans was 0.89 percent for October, down from 1.02 percent a year ago. The national foreclosure rate was 1.2 percent in October. Delinquencies also declined in Greater Des Moines, falling to 2.2 percent from 2.8 percent of all mortgages. Loans that are at least 90 days overdue are considered delinquent.
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