Don’t Expect A Wave Of Foreclosures [INFOGRAPHIC]

Keeping Current Matters August 21, 2023

Buyer

Don’t Expect A Wave Of Foreclosures [INFOGRAPHIC]

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.

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