Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
![Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20230819/16/original_25f72b99-5507-49fc-b551-1057d26c7107.png)
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.
Categories
Recent Posts
The Housing Market Is Turning a Corner Going into 2026
Would You Let $80 a Month Hold You Back from Buying a Home?
Are Builders Overbuilding Again? Let’s Look at the Facts.
The VA Home Loan Advantage: What Every Veteran Should Know Right Now
What a Government Shutdown Really Means for the Housing Market
Why Your Home Equity Still Puts You Way Ahead
How To Make Sure Your Sale Crosses the Finish Line
Thought the Market Passed You By? Think Again.
Why You Don’t Need To Be Afraid of Today’s Mortgage Rates
Why Some Homes Sell Quickly – and Others Don’t Sell at All
Leave a Reply
