LITTLE ROCK, Ark. (KTHV) -- A new housing report out today indicates foreclosure rates in the Little Rock-North Little Rock-Conway area are falling. These figures – coming from CoreLogic – show foreclosure rates in October 2011 at nearly one and a quarter percent.
Down from this same time last year, the rate in the area is also lower than the national foreclosure rate.
That rate still sits at over three and a half percent.
The report also says homeowners are having trouble keeping up with their house payments.
The local mortgage delinquency rate is over five percent – more than it was at this time last year.