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Chicago foreclosure rate slides

Updated: December 22, 2012 6:20AM

Foreclosure rates in the Chicago area slid to 5.99 percent in September from 6.35 percent a year earlier and from 6.17 percent in August, CoreLogic reported.

The percent of homes in foreclosure has fallen month-over-month in four of the past six months, the report showed.

The mortgage delinquency rate in the area fell to 10.37 percent in September from 10.47 percent a year earlier and in August, according to the report.

The percent of homes 90-days or more delinquent have fallen month-over-month for eight straight months.

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