Foreclosures On The Increase In Tulsa - - ABC13

Foreclosures On The Increase In Tulsa

Posted: Updated:

A new housing report out Thursday indicates foreclosure rates in the Tulsa area are on the rise.

According to the report from Corelogic foreclosure rates in May were up to 2.32%. 

While that's up almost three quarters of one percent from this same time last year, the Tulsa rate is actually lower than the national foreclosure rate which stands at 3.15%.

The report also says homeowners are having trouble keeping up with their house payments.

The local mortgage delinquency rate for May stood at 5.28% up year over year but less than April's 5.32%.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WSET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.