Business

Mortgage delinquency, foreclosure rates moving

By Christopher Quinn
Oct 27, 2011

The 90-plus day delinquency rate for mortgages in metro Atlanta is edging down from a high of 10.7 percent in February 2010 to 8.88 percent last August, says California real estate tracking firm CoreLogic.

Though delinquency rates are dropping, the actual foreclosure rate has bumped up from 2.82 percent in February of 2010 to 3.11 percent last August. That was lower than the national rate of 3.43 percent.

--Christopher Quinn

About the Author

Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.

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