Foreclosure rates in ABE decrease in October, still above

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Published: Dec 23 2013 06:07:52 PM EST   Updated On: Dec 23 2013 06:54:21 PM EST
Foreclosure rates in ABE decrease in October still above

Foreclosure rates in the Lehigh Valley are on the decline but they're still ahead of the national average.

Corelogic put October's foreclosure rate at nearly 3.75 percent for our area.

While that number is down from last year, it's still higher than the national foreclosure rate which sits at more than 2-percent.

The report also says the local mortgage delinquency rate is 7.75 percent down from this time last year.