Search results
Mortgage Delinquencies Up 38 Basis Points YOY In Q1 2024
National Mortgage Professional· 6 hours agoA rise in mortgage delinquency rates in the first quarter of 2024 was highlighted by substantial year-over-year increases in payments past due for FHA and VA loans in particular.
Maxed-Out Borrowers Face Rising Delinquency Rates Amid High Interest Rates, New York Fed Reports
Benzinga via Yahoo Finance· 4 hours agoThe New York Fed‘s latest findings depict a troubling scenario of American household debt, with...
Credit card delinquencies surge, almost 1 in 5 users maxed out: Research
WPIX New York City, NY via Yahoo Finance· 1 day agoThe research found that aggregate delinquency rates rose during the first quarter, with 3.2 percent...
MBA: Mortgage Delinquencies Increased Slightly in Q1 2024
Calculated Risk· 1 day agoThe delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.94 percent of all loans ...
Mortgage companies could intensify the next recession, US officials warn
CNN Business via AOL· 4 days agoUS officials worry the next recession could be intensified by a cascading series of failures in the ...
US Treasury's Yellen says Congress should act on nonbank mortgage sector By Reuters
Investing.com· 7 days agoYellen spoke during a meeting of the Financial Stability Oversight Council, a regulatory body she...
Household Debt and Delinquency Reach Alarming Heights as Rates Surge in Q1
Homenewshere.com· 2 days agoHousehold debt and delinquency rates increased in the first quarter, according to data from the New...
Credit Card Delinquencies Surge Sign of 'Worsening' US Household Debts, Federal Bank Says
iTech Post· 2 days agoThe rise of credit card delinquencies is an indication of a "worsening financial distress" among US...
Average credit card debt by age 2024
Consumer Affairs· 2 hours agoCredit card debt is the U.S.’s fourth highest debt category. While credit card debt is high, mortgage and student loan debt are more prevalent, making up about $12.25 trillion ...
Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy
Financial Post via Yahoo Finance· 3 days agoSince the Bank of Canada began hiking rates in 2022, the debt-servicing ratio of Canadian households...
