Don’t Expect a Wave of Foreclosures

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.

(2023, August 18). Don’t Expect a Wave of Foreclosures. Keeping Current Matter. https://www.keepingcurrentmatters.com/2023/08/18/dont-expect-a-wave-of-foreclosures-infographic/