The rate of property foreclosures in the Chattanooga area in January was down from 0.67 percent a year ago to 0.51 percent this year, according to a report released Tuesday by CoreLogic.
Foreclosure activity in Chattanooga was lower than the national foreclosure rate, which was 1.15 percent for January 2016.
Also in Chattanooga, the mortgage delinquency rate decreased. According to CoreLogic data for January 2016, 3.68 percent of mortgage loans were 90 days or more delinquent compared with 4.40 percent for the same period last year.