Baton Rouge foreclosures fell 0.1% to 1.1 % in February compared to the same month last year, according to First American CoreLogic, a real estate analysis company. The Louisiana rate also fell 0.1% to 1.2% while the national rate rose 0.4% to 1.7%.
In mortgage delinquencies (90 days or more), the Baton Rouge rate rose 0.7% to 3.2%, the state rate rose 0.7% to 4.3%, and the national rate jumped 1.2% to 5%.
According to the REO rate (inventory of foreclosed properties by banks and mortgage companies), Baton Rouge remained at 0.2% compared to the same month last year, Louisiana remained at 0.3% while the nation increased from 0.1% to 0.8%.—Anna ThibodeauxÂ
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