Morning Minute: Foreclosure activity down in Chicago area

Some good news on the distressed property front: foreclosure activity in Chicago, and the U.S., dipped in July, the Chicago Tribune reports. While Illinois still ranks high when it comes to foreclosure rates, there has been downward movement with activity down 12 compared to June and down 7 percent from a year ago. Read more in the Tribune article, “Foreclosure activity continues to fall in Chicago area, U.S.

In other headlines:

8 Best Cities to Be a Real Estate Agent (Rockford ranks No. 3!) – Daily Real Estate News

Fixed Mortgage Rates Edge Lower – Freddie Mac

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