According to a monthly report from the S&P Dow Jones Indices and Experian, the most popular types of consumer defaults remained steady. Click through to see which metropolitan areas saw the most significant default shifts.
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First Mortgage Default Rate at Highest Level Since September 2020
The default rate for first mortgages is at a recent high. Click here to see the overall credit default rate and how major cities fared last month.
Read More »First Mortgage Default Rates Hold Steady
Although they did see a small uptick as last year ended, first mortgage default rates remained flat year-over-year, according to the S&P/Experian Consumer Credit Default Indices covering data up through January. According to the S&P/Experian Consumer Credit Default Indices released ...
Read More »Mortgage Delinquencies Up, Still Below 15-Year Averages
Two different reports show small increases in loan delinquencies in the back half of 2017, but the percentages remain comparatively low and bode well for the state of the economy in 2018. The American Bankers Association Consumer Credit Delinquency Bulletin ...
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