Lexington, KY - Foreclosure and mortgage delinquency rates in Lexington-Fayette have increased, according to the latest data from CoreLogic .
The rate of Lexington-Fayette area foreclosures among outstanding mortgage loans is 2.43 percent for the month of February 2012, an increase of 0.14 percentage points compared to February of 2011 when the rate was 2.29 percent, according to the CoreLogic data. Foreclosure activity in Lexington-Fayette is lower than the national foreclosure rate which was 3.41 percent for February 2012.
Also in Lexington-Fayette, the mortgage delinquency rate has increased. For February 2012, 4.64 percent of mortgage loans were 90 days or more delinquent compared to 4.54 percent for the same period last year,