The number of homes in foreclosure and the rate of completed foreclosures both declined in October, CoreLogic said.
The national foreclosure inventory fell 21.5% to about 463,000 homes in October, compared to a year ago, according to CoreLogic's National Foreclosure Report. Completed foreclosures fell 27% to 37,000 over the same period.
The number of home loans at least 90 days past due fell 19.7% to 1.3 million, or 3.4% of mortgages.
"Improved economic conditions and more foreclosure completions have pushed the foreclosure rate lower," Frank Nothaft, CoreLogic's chief economist, said in a Tuesday press release.
