Mortgage foreclosure rates in June were down 15 percent or more for the year in the four local metropolitan areas, according to California-based CoreLogic Inc.
The biggest annual decline was in the York-Hanover metro, where foreclosures dropped 28 percent. Foreclosures among outstanding mortgage loans was 2.03 percent for the month, down from 2.8 percent in June 2013.
That is still higher than the national foreclosure rate of 1.7 percent, but ahead of Pennsylvania's 2.07 percent. The federal rate is down 32 percent for the year.
The 90-day mortgage delinquency rate in York-Hanover also fell to 5.2 percent from 6 percent last year, according to CoreLogic.
In Harrisburg-Carlisle, the foreclosure rate was down 24 percent, with foreclosures accounting for 1.47 percent of mortgage loans. The mortgage delinquency rate dropped to 3.88 percent from 4.42 percent in June 2013.
The foreclosure rate fell 21 percent in Lancaster County. Foreclosures among outstanding mortgage loans was 1.48 percent in June, while the delinquency rate dipped to 3.34 percent from 3.65 percent, according to CoreLogic.
Lebanon County’s foreclosure rate was 1.59 percent in June — a 15 percent decrease compared to last year. Its delinquency rate was 4.09 percent compared to 4.4 percent a year ago.