BUSINESS BRIEF

Fewer Toledo-area 
mortgages overdue

9/25/2013

The percentage of Toledo-area mortgage loans that are at least 90 days overdue decreased for the seventh consecutive month in July, according to CoreLogic, a California real estate data company.

The company said 5.12 percent of loans were three months overdue, down from 5.17 percent in June. The percentage was 5.97 in December and has fallen each month since.

The rate was more than 7 percent as recently as early 2011 and has fallen steadily since.