St. Louis Foreclosure Rate Declines in April; Mortgage delinquencies down significantly

Dennis Norman

The St. Louis foreclosure rate in April was 1.66 percent, down slightly from 1.71 percent the prior month, but up almost 17 percent  from a year ago, according to a report published by CoreLogic. The report shows that the St. Louis Mortgage Delinquency rate (Serious delinquency, 90+ days delinquent) decreased to 4.72 percent in April, down from 4.83 percent the month before and down 13.4 percent from a year ago.