Don’t expect a wave of foreclosures [INFOGRAPHIC]

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Foreclosures Infographics Interest RatesSome HighlightsWith the high inflation that continues to push up daily costs, some people worry about a flood in foreclosures. Here’s why it’s unlikely. Currently, fewer people are seriously behind in their mortgage payments. If foreclosures were to increase, more people would have to be late with their payments. Since most people are paying on time there is no wave. The data shows that a flood of foreclosing homes is unlikely.

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August 18, 2023/by KCM CREW×39.png

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