Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
Some Highlights
- With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely.
- Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
- Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.
Categories
Recent Posts
The 5-Mile Hamptons Street Driving Hundreds of Millions in Home Sales
What Elon Musk Bought and Sold During His Quest to ‘Own No House’
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Fed holds interest rates steady: Here’s what that means for credit cards, savings rates, mortgages and car loans
🎉🎉🎉UNDER CONTRACT: 125 Old Mendon Road, Cumberland, RI 02864
The 5-Mile Hamptons Street Driving Hundreds of Millions in Home Sales
What Elon Musk Bought and Sold During His Quest to ‘Own No House’
Zillow continues turning on the lights: Introducing Zillow Preview
Home sales surged in May to the highest level since December
🎉🎉🎉UNDER CONTRACT: 7 Eagle Drive, Dartmouth, MA 02748