| Aug 11, 2011 4:40PM Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced). Mortgage rates are still in record setting territory though. This is apparent in the chart of Consumer Rate Quotes below... If the note rate line is moving up, the closing costs associated with it are on the rise. If the note rate line is moving down, the closing costs associated with it are on the decline. Consumer borrowing costs fell to new record lows yesterday before moving marginally... Aug 11, 2011 12:16PM Foreclosure activity dropped significantly again in July according to figures released on Thursday by RealtyTrac, however the Irvine California firm states that this is not as much a sign of economic improvement as it is an indication of a growing problem. Foreclosure filings were reported on 212,764 U.S. properties in July, one in every 611 housing units. This is a decrease of 4 percent from the June figures and a drop of 35 percent from July 2010. However, according to RealtyTrac CEO James J. Saccacio...
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