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Foreclosures dropping, but mortgage delinquency rate remains steady (access required)

The Charlotte metro area’s inventory of homes in the foreclosure process is well below the national average, but still the number of homeowners who are seriously delinquent in their mortgage payment is stuck at 3.7 percent of all mortgaged properties, the same amount as in June. CoreLogic’s July National Foreclosure report found that 1.0 percent of ...

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