Mortgage loan performance in Alabama continues to improve.
According to the latest CoreLogic Loan Performance Insights, loans 30-plus days delinquent dropped 0.7 percent in March to 6 percent compared to last year.
Loans 90-plus days delinquent dipped 0.5 percent to 2.5 percent.
The foreclosure rate for Alabama in March was 0.5 percent, a 0.1 percent drop over March 2016.
All but three states saw an overall decline in delinquency rates during March.
Here’s how some of the state’s metro areas stacked up against one another with mortgages delinquent over 90 days.
Huntsville
March 2017: 2.1 percent
March 2016: 1.6 percent
Difference: -0.5 percent
Birmingham
March 2017: 2.7 percent
March 2016: 3.1 percent
Difference: -0.4 percent
Tuscaloosa
March 2017: 3 percent
March 2016: 3.4 percent
Difference: -0.4 percent
Montgomery
March 2017: 3.1 percent
March 2016: 3.7 percent
Difference: -0.6 percent
Mobile
March 2017: 3.8 percent
March 2016: 4.6 percent
Difference: 0.8 percent
