Mortgage delinquency rates

Mortgage deliquency rates, which is a very reliable indicator of the overall health of the consumer have dropped from 2018-2019, which is a good sign on a broad scale. Obviously, this is happening because of the extensive amount of income documentation required nowadays to get a mortgage as oppose to auto loans and school loans which require no documentation and whose default rates range from 18-25 percent. crazy.

By Credit Life Admin | |
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