July was not a good month for Central Pennsylvania mortgage holders, according to California-based real estate research firm CoreLogic.
All four of the metropolitan areas in the Business Journal's coverage area reported increases in foreclosure activity compared with the same month a year ago.
The Lebanon area saw the biggest increase at 2.22 percent in July, a jump from 1.61 percent in July 2011, according to CoreLogic. The 90-day mortgage delinquency rate also increased to 4.42 percent, compared with 3.77 percent.
The York-Hanover area saw the next biggest increase in foreclosures at 3.16 percent. That was up from 2.63 percent in July 2011. The delinquency rate was 6.04 percent, up from 5.62 percent.
The Lancaster market posted a 2.02 percent foreclosure rate in July, which was up from 1.59 percent in the same year-ago month, CoreLogic said. The delinquency rate was 3.77 percent, compared with 3.44 percent last year.
The Harrisburg-Carlisle area reported a 2.06 percent foreclosure rate, an increase from 1.65 percent in July 2011. The delinquency rate was 4.3 percent, compared with 3.84 percent.
By comparison, the national foreclosure rate was 3.25 percent in July. The state rate was 3.05 percent. Delinquency rates were 6.71 percent and 5.81 percent, respectively, according to CoreLogic.