CoreLogic data reveals that the rate of Salt Lake City area foreclosures among outstanding mortgage loans was 0.28 percent for September, a decrease of 0.16 percentage points compared with September 2015 when the rate was 0.44 percent. Foreclosure activity in Salt Lake City was lower than the national foreclosure rate, which was 0.86 percent in September.
CoreLogic data reveals that the rate of Salt Lake City area foreclosures among outstanding mortgage loans was 0.28 percent for September, a decrease of 0.16 percentage points compared with September 2015 when the rate was 0.44 percent. Foreclosure activity in Salt Lake City was lower than the national foreclosure rate, which was 0.86 percent in September.
Also in Salt Lake City, the mortgage delinquency rate decreased. According to CoreLogic data for September 2016, 1.32 percent of mortgage loans were 90 days or more delinquent, compared with 1.84 percent for the same period last year.