Mortgage delinquency rates are continuing to fall, as lenders work through problem loans in the system and have fewer new loans that fall behind on payments.
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By the numbers: Ohio mortgage statistics
1,582,948 active Ohio mortgages as of May
6.9 percent of active home loans in delinquency
3.2 percent of home loans in foreclosure
17.1 percent of Ohio home loans “underwater” as of March
SOURCE: Lender Processing Services Inc.
Covering the housing market
We have covered more aspects of the local housing market, including home sales, values, foreclosures, new construction and government action, than any other news outlet in the area.