Foreclosure rate in Dayton area rose in September

The rate of home foreclosures in the Dayton area increased in September from a year earlier, but it was slightly lower than the national rate for that month, according to a company that monitors the housing industry.

CoreLogic Inc. said the rate of local foreclosure rates among outstanding mortgage loans was 3.28 percent in September, up by 0.29 percentage points from 2.99 percent a year earlier and up from 3.23 percent in the Dayton area for August. The national rate for September this year was 3.48 percent and the statewide rate in Ohio was 3.45 percent, CoreLogic reported.

The Dayton area’s rate of mortgage delinquencies was almost unchanged. A total of 6.66 percent of mortgage loans were 90 days or more delinquent in September, compared with 6.67 percent in the same month last year.

That compared with a national rate of 7.17 percent for September this year and a statewide rate of 6.71 percent, according to CoreLogic, a Santa Ana, Calif.-based company.