Norwich/New London foreclosure, delinquency rates rose in October

Norwich, Conn. ?

Foreclosure and delinquency rates for the Norwich/New London area and statewide climbed in October from a year earlier, CoreLogic reported Thursday.

Norwich/New London?s foreclosure rate rose to 4.31 percent in October from 2.89 percent a year earlier, while its 90-plus day delinquency rate climbed to 7.06 percent from 6.40 percent.

In September, the Norwich/New London foreclosure rate was 4.08 percent, while the delinquency rate was 7.06 percent. The rates have risen or been unchanged for every month since April 2011.

Source: http://www.norwichbulletin.com/news/business/x352574266/Norwich-New-London-foreclosure-delinquency-rates-rose-in-October

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