Weaker economy, inflation caused mortgage delinquency uptick in Q4
Mortgage delinquency rate rose to 3.96% in Q4, due in large part to issues caused by a weaker economy and ongoing inflationary pressures.
Mortgage delinquency rate rose to 3.96% in Q4, due in large part to issues caused by a weaker economy and ongoing inflationary pressures.
Affordability still remains a challenge for many borrowers, many of whom are turning to permanent rate buydowns.