Foreclosure rates increase in region

October 11, 2011 at 11:00a.m.

YOUNGSTOWN

Foreclosure rates in the Youngstown-Warren-Boardman region increased in July, according to the latest data from CoreLogic.

Foreclosures in July were at 4.66 percent, up 0.52 points from July 2010. The region’s foreclosure activity is higher than the national average of 3.44 percent.

The mortgage delinquency rate in the Mahoning Valley decreased. In July, 8.17 percent of mortgage loans were 90 days or more delinquent, compared to 8.4 percent during July 2010.