A new housing report shows Bay County foreclosure rates are on the rise.

Foreclosure Rates*
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Sept. 2011 Sept. 2010
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Bay Co. 7.81% 7.17%
Florida 12.28% 11.38%
U.S. 3.48% 3.30%

Core-Logic released the report Thursday, showing the September foreclosure rates inching toward 8%.

The local rate is well above the national rate of 3-and-a-half %, but it's well below the state average of more than 12%.

90+ Day Delinquency Rate *
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Sept. 2011 Sept. 2010
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Bay Co. 11.17% 11.23%
Florida 17.38% 18.11%
U.S. 7.17% 7.86%

*Source: CoreLogic

The report says homeowners are doing a good job of keeping up with their house payments.

The local mortgage delinquency rate is more than 11%, but that's actually down from the number of homeowners who were more than 90-days delinquent a year ago.

Bank of American
Foreclosure Assistance
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Friday Dec. 9th &
Saturday Dec. 10th

8:30am - 6:00pm

Wyndham Bay Point Resort
(Formerly Bay Point Marriott)

Bank of America is offering some help to about 5-thouand of it's Northwest Florida customers in need of foreclosure assistance.

Bank officials are offering free face-to-face consultations with home retention specialists Friday and Saturday. Those representatives will be available at the Wyndham Bay Point Resort from 8:30 until 6:00 on both days. And again, it is free to Bank of America customers.