Aug 28, 2012 11:21AM CoreLogic's July National Foreclosure Report , released today, reported completed foreclosures during the month totaled 58,000 compared to 62,000 in June and 69,000 in July 2011. The foreclosure inventory, an indicator of homes in any stage of foreclosure, was unchanged from June at 1.3 million homes or 3.2 percent of all homes with a mortgage . On an annual basis, however, this was a decrease from 1.5 million properties or 3.5 percent of mortgaged homes. "The decline in completed foreclosures is... Aug 28, 2012 2:29PM Mortgage rates moved moderately lower today in most cases. Although the drop wasn't fast-paced or abrupt, the recent range of rates has been extremely narrow. As such, a merely "medium-sized" move has carried rates just barely beyond their best levels of the past two weeks which are also the best levels since the first few days of the month. The gains aren't sufficient for a change in the Conventional 30yr Fixed Best-Execution rate, which continues at 3.5% . That said, different lenders continue...
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