Oct 11, 2012 2:56PM Mortgage rates finally improved on Thursday after moving sideways or higher since last Thursday. The drop in rates/costs was broad-based with less of the stratification between lenders noted yesterday. Depending on the scenario, this gets some of the more aggressive lenders back into 3.25% territory, while many others remain at 3.375%, simply with lower borrowing costs vs yesterday. ( Read More:What is A Best-Execution Mortgage Rate? ) Bond markets and mortgage-backed-securities began the day slightly... Oct 11, 2012 10:03AM Foreclosure activity nationwide fell to the lowest level in September since almost the beginning of the foreclosure crisis according to RealtyTrac's U.S. Foreclosure Market Report released this morning. Foreclosure filings fell 7 percent from the August level to a total of 180,427 or one in every 730 housing units. The total is 16 percent below filings in September 2011 and the lowest since July 2007. RealtyTrac is an Irvine, California firm that tracks three categories of foreclosure filings gathered...
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