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6 June 2011
10:25 a.m.
The 90-day delinquency rate for Las Vegas mortgages continues to decline.
California-based CoreLogic pegged the delinquency rate at 18.37 percent in March, down from 18.86 percent in February.
The delinquency rate has steadily declined since it peaked at 21 percent in February 2010, but it’s still considered high.
The statewide delinquency rate in March was 16.23 percent, down from 18.36 percent in March 2010.
The U.S. delinquency rate was 7.54 percent in March, down from 8.30 percent in March 2010.
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Who's left to be "deliquent?" Most of those unfortunate folks have long ago defaulted or had their properties repossessed.