Foreclosures in the area are falling - WDRB 41 Louisville News

Foreclosures in the area are falling

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LOUISVILLE, Ky. (WDRB) -- More people in Louisville are keeping their homes.

A new report on the local housing market shows foreclosure rates in the area are falling.

Corelogic shows foreclosures in February at just over two and a quarter percent.

That's down from a year ago - and lower than the national rate of 3 percent.

The report also says the local mortgage delinquency rate is almost five and a half percent.

That's down from what it was at this time last year.

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