Mortgage delinquencies continue to drop locally

5/24/2013
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The Blade/Jeremy Wadsworth

Mortgage delinquencies continue to drop locally

The percentage of delinquent mortgage loans in the Toledo area continues to decrease.

CoreLogic, a real estate data firm, said 5.62 percent of mortgages in the area were at least 90 days delinquent in March. That's down from 5.79 percent in February. A year earlier the rate was 6.27 percent. The rate has declined since early 2010.

The data includes loans that are in foreclosure or foreclosed properties that have been purchased by a bank.