Local foreclosure rates continue to rise

YOUNGSTOWN — Foreclose rates and mortgage delinquency in the Youngstown-Warren-Boardman metropolitan area increased in March.

The rate of foreclosures among outstanding mortgage loans was 4.29 percent for the month of March, a 0.59 percent increase compared to March 2009, according to data released today by CoreLogic, a leading provider of financial, property and consumer information.

Mortgage delinquency rates increased 2.12 percent in March compared to a year earlier. In March 2010, 9.36 percent of mortgage loans were 90 days or more delinquent, compared to 7.23 percent in March 2009.

For the complete story, see Thursday's Vindicator and Vindy.com