ALEXANDRIA, La. - A recent new housing report out indicates foreclosure rates in the Alexandria area are falling.
These figures – according to CoreLogic – show foreclosure rates in March 2012 at just over 2.25 percent.
Down from this same time last year, the Alexandria rate is also lower than the national foreclosure rate. That rate sits at almost 3.5 percent.
The report also says the local mortgage delinquency rate is over 6 percent – more than it was at this time last year.