Report: Fewer Dallas-area homeowners behind on mortgages

Fewer Dallas-area homeowners are seriously behind in their mortgage payments.

In June, 5.41 percent of area residents with a home loan were 90 days or more late in payments, researchers at CoreLogic said Wednesday.

That’s down from a peak 6.09 percent serious loan delinquency rate in February. But it’s still higher than the 4.59 percent rate a year earlier.

Dallas-area mortgage delinquencies are well below the nationwide 8.05 percent average.

Borrowers who haven’t paid their home loan in 90 days or more are considered most likely to lose the property.

The percentage of local homeowners in foreclosure at 1.43 percent is less than half the nationwide average in June, CoreLogic found.

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