(Greensboro, NC) -- A new housing report out today indicates foreclosure rates in the Greensboro-High Point area are on the rise.
According to the study done by CoreLogic, foreclosure rates in February 2012 were at nearly two and three quarters of a percent.
While that is up from this same time last year, the Greensboro-High Point rate is actually lower than the national foreclosure rate, of the and a half percent.
The report also shows the local mortgage deliquency rate is over six and a quarter percent-more than it was last time at this year.
So what can you do if you're at risk of losing your home?
According to the US Department of Housing and Urban Development, if you haven't missed any payments, try to refinance your mortgage to make your payments lower.
If you've missed one or two payments, HUD recommends calling your lender to workout foreclosure prevention options. If your lender won't work with you, HUD offers these resources to help you out.
Finally, if you're unemployed, there are programs to help reduce or suspend your mortgage payments while you look for work. However, they're only designed to help a small percentage of homeowners.
If you're looking to buy a foreclosed home, here are some resources to help you find those homes:
-Major Bank Websites; call local branches
-U.S. Dept. of Housing Urban Development
-Freddie Mac and Fanny Mae Websites
-Real estate listings, newspapers, websites (most signs advertise that home for sale is foreclosure)