CoreLogic says that their data reveals that the rate of Columbus-area foreclosures among outstanding mortgage loans was 0.86 percent for December 2015. The global property information, analytics and data-enabled services provider says that is a decrease of 0.28 percentage points compared with December 2014.
CoreLogic says that foreclosure activity in Columbus was lower than the national foreclosure rate, which was 1.2 percent for December 2015. Also in Columbus, the mortgage delinquency rate decreased. According to the company’s data for December 2015, 2.49 percent of mortgage loans were 90 days or more delinquent. That’s considerably lower than the 3.15 percent reported for the same period last year.