The rate of Greater Hartford area foreclosures among outstanding mortgage loans was 1.2 percent in August, a dip of nearly four tenths of a percentage point compared with Aug. 2015, when the rate was 1.59 percent, CoreLogic reported Thursday.
Foreclosure activity in the region was higher than the national foreclosure rate, which was 0.9 percent in August, the property analytics firm said.
The mortgage delinquency rate also decreased by just over 1 percentage point, to 3.09 percent of mortgage loans that were 90 days or more outstanding in Aug. 2016, compared with 4.11 percent for the same period last year.
