The foreclosure rate on outstanding mortgage loans in the Hartford metro region declined in July, along with mortgage rate delinquencies, according to CoreLogic.
The foreclosure rate in July for the Hartford-West Hartford-East Hartford metropolitan area was 1.27 percent compared with 1.6 percent last June, according to the property analytics firm, a drop of a third of a percentage point.
Foreclosure activity in the region remained higher than the national average of 0.93 percent, CoreLogic said.
The mortgage delinquency rate also declined by nearly 1 percentage point in July, CoreLogic said. Data show 3.21 percent of mortgage loans were delinquent 90 days or more in July 2016 compared with 4.18 percent for the same month last year.
