Foreclosure Rates in Tyler Increase - KLTV.com - Tyler, Longview, Jacksonville |ETX News

Foreclosure Rates in Tyler Increase

Released by CoreLogic:

TYLER, TX  - A new housing report out today indicates foreclosure rates in the Tyler area are on the rise.

These figures, coming from Corelogic, show foreclosure rates up in February 2011, over one percent.

While that's up only a fraction of a percent from this same time last year, the Tyler rate is actually lower than the national foreclosure rate.

That rate still sits at over three and a half percent.

The report also says homeowners are doing a good job of keeping up with their house payments.

The local mortgage delinquency rate is nearing four percent, that's down from what it was at this time last year.

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