Mortgage delinquency rates are declining across Ohio.
Global Property Information company CoreLogic says rates in Ohio were down to five-and-a-half-percent in August. Serious delinquency rates in the Buckeye State are at two-point-four-percent.
CoreLogic says there are several reasons why delinquency rates are declining. The overall economy is doing better, good job growth is leading to income growth and with home prices rising, more families have more equity in their homes.