Home-mortgage payments in Connecticut and Greater Hartford are more current now than a year ago, but still lag the national average, a new CoreLogic sample shows.
About 6.5 percent of Connecticut mortgages were late at least 30 days or more (including those in foreclosure) in January — an improvement of 1.2 percentage points vs. Jan. 2016, according to CoreLogic.
In Greater Hartford area, 5.8 percent of mortgages were delinquent by at least 30 days (including those in foreclosure) in January 2017 compared with 6.9 percent in January 2016, representing a decrease of 1.1 percentage points.
For the first time, the property analytics firm is providing the statistic for late payments nationwide as a new piece of data used to assess distressed property rates.
Nationwide, mortgage delinquencies averaged 5.3 percent in January, 1.1 percentage points better than the 6.4 percent delinquency ratio the same month last year.
CoreLogic also assesses serious delinquency rates for mortgages 90 days or more past due, which often triggers foreclosure.
In Greater Hartford, 2.8 percent of those home loans were seriously delinquent in January vs. 3.7 percent a year earlier.
Statewide, seriously delinquent mortgages totaled 3.4 percent vs. 4.3 percent in the year ago period.
Nationally, foreclosure rates dropped to 0.8 percent from 1.1 percent; in Connecticut, to 1.3 percent from 1.7 percent; and in Greater Hartford, to 1 percent vs. 1.4 percent a year earlier.
