According to newly released data from CoreLogic on foreclosures for the Altoona area, the rate of foreclosures among outstanding mortgage loans was 1.93 percent for the month of February, an increase of 0.34 percentage points compared with the previous year.
Also in Altoona, the mortgage delinquency rate decreased. According to data for February, 4.53 percent of mortgage loans were 90 days or more delinquent compared with 5.28 percent for the same period last year.
