KALAMAZOO (WKZO-AM/FM)– Less individuals in the Kalamazoo-Portage location are failingback-pedaling their mortgages.

Its down almost a complete percent from the very same month in 2014. CoreLogic says 4.7 percent of home loans in the Kalamazoo-Portage municipal areacity were delinquent by at the very least Thirty Day in January.

That mark is reduced compared tobelow the nationwide average of 5.3 percent, which is a 10-year low. The national figure is down 1.1 percent from last January.

The financial info firm says neighborhood as well as nationwide misbehavior rates are being pressed reduced by constant work as well as revenue development, among other variables.

almost a full percent from the very same month last year. That mark is reduced than the national standard of 5.3 percent, which is a 10-year low.