The Charleston metro region's foreclosure rate continues to decrease, but the area is still higher than state and national averages, according to a new report.

Real estate information firm CoreLogic reported today that outstanding mortgage loans were 2.16 percent in the Charleston-North Charleston-Summerville area in January, down 1.20 percent from the same month a year ago.

Still, the foreclosure activity in Charleston metro area was higher than the national foreclosure rate, which was 1.97 percent for January. The region's repossession activity was also higher than the 1.93 percent rate for all of S.C., according to the report.

In addition, the Charleston metro region's mortgage delinquency rate decreased in January.

About 4.76 percent of mortgage loans were 90 days or more in arrears, down 1.43 percent compared to the same month in 2013.