#mortgagerate #delinquency #realestate #forebearance #foreclosure #stimulus #economy #recession
Today I will look at the real estate market and how we are seeing mixed signals. As the 30-yeat mortgage rate drops below 3% we are also seeing delinquencies rise at faster rates than even during the 2008 GFC.
Loan Performance Insight: https://www.corelogic.com/insights-download/loan-performance-insights-report.aspx
It Starts: Mortgage Delinquencies Suddenly Soar at Record Pace: https://wolfstreet.com/2020/07/14/it-starts-mortgage-delinquencies-suddenly-soar-at-record-pace/
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