Real Estate News

Mortgage delinquency rates continue to fall in Wichita area

Fewer homeowners in the Wichita area were delinquent in mortgage payments in February.
Fewer homeowners in the Wichita area were delinquent in mortgage payments in February. File photo

The home mortgage delinquency rate in Wichita continues to fall, according to CoreLogic.

The percentage of homes more than 90 days delinquent in payments was 2.94 percent in February, down from 3.66 a year ago.

The national average delinquency rate in February was 3.16 percent.

Of those local delinquencies, more than a third are in foreclosure.

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