The percentage of delinquent home loans in Sonoma County remains stubbornly high, with one of every 14 homeowners more than 90 days behind on their mortgage payments in June.
The preliminary rate for delinquencies last month reached nearly 7.1 percent, unchanged from last month and as high as any rate in more than a year, according to data released Wednesday by CoreLogic. A year earlier the rate was nearly 5.5 percent, or about one in every 18 home loans.
The preliminary rates are often revised. For example, the May rate was first reported at nearly 7.3 percent, but since has been revised down to about 7.1 percent.
The county rates remain lower than the state and nation. California’s delinquency rate reached 10.4 percent in May, and the U.S. rate was 8.1 percent.
The rate of county homes in some stage of the foreclosure process in May was 1.7 percent, compare to 1.9 percent a year earlier. The rate has hovered at or near 2 percent for the past year.
The foreclosure rate in June was nearly 2.8 percent for California and nearly 3.1 percent nationally.
— Robert Digitale