You Searched For "mortgage delinquency rate" and got 20 results
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2 mins read
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
The CMBS market is in trouble, one hedge fund boss says, as loans on offices across the US are at r…
Jennifer Sor
3 mins read
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
1 min read
Office properties lead surge in commercial real estate delinquency rates
Delinquency rates on loans backed by office properties jumped to 6.5% of balances in the fourth qua…
Aruni Soni
2 mins read
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…
Ayelet Sheffey
2 mins read
Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts
A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…
Filip De Mott
1 min read
Office loans just hit a 5% delinquency rate – a 20-month high – as WFH and rate rises pile more pressure on commercial real estate
Borrowers are struggling to repay under tighter financial conditions and waning demand for office s…
Joseph Wilkins
2 mins read
Mortgage delinquencies surge more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the housing market
"The COVID-19 pandemic's effects on some homeowners' ability to make their mortgage payments could …
Carmen Reinicke
2 mins read
Stocks are poised to tumble - and many Americans are 'prisoners in their own homes' after mortgage rates soared, top economist David Rosenberg says
David Rosenberg expects stocks to slump as economic woes mount, and says many homeowners are trappe…
Theron Mohamed
1 min read
Late payments on commercial mortgages are piling up as higher rates and weakening property prices bite into the sector
Commercial real estate property owners that were late on payment for 30 days or more or have alread…
Jennifer Sor
2 mins read
Delinquent mortgages spike to the highest level in 21 years as COVID-19 stress freezes payments
As of April, 6.1% of home mortgages were in some stage of delinquency, with the biggest increases c…
Matthew Fox
2 mins read
US home-mortgage delinquencies surge to the highest level in 9 years
While the jump in delinquencies was less than the record spike in April, uncertainty looms for many…
Carmen Reinicke
1 min read
America's consumer-debt stress is mounting - mortgage rates top 7%, credit-card liabilities hit $1 trillion, and now auto-loan defaults are on the rise
Since the Fed hiked rates to the highest levels in 22 years, payments on mortgages, credit cards an…
Joseph Wilkins
1 min read
Why high interest rates actually might be helping US consumers, strategist says
High interest rates mean that savers are seeing rates of return "like no time over the past few dec…
Aruni Soni
2 mins read
Miami and New York top the US in mortgage delinquencies as rates rise in all 50 states
Miami leads the US in mortgage delinquencies for the top 10 metropolitan areas, with New York and L…
Barbara Smith
2 mins read
Cutting off student-loan relief in September could cause borrowers to fall behind on payments at a rate that could 'reach or even surpass' pre-pandemic levels, NY Fed study finds
The NY Fed also found student-loan borrowers with other forms of debt, like credit card or mortgage…
Ayelet Sheffey
2 mins read
Home mortgage delinquencies spiked a record amount in April
The record jump in delinquencies is nearly three times the previous single-month record set in 2008…
Carmen Reinicke
2 mins read
A CIO details 4 reasons why the recent inflation spike is temporary — and says the Fed will still cut rates 3 times this year
"There should be plenty of disinflation in the pipeline as CPI converges with some of these more re…
Matthew Fox
2 mins read
From interest rates to home demand, here's how the housing market will unfold in 2024, according to LendingTree
The housing market in 2024 will see demand remain low and activity stay sluggish, LendingTree said.
Phil Rosen
1 min read
Companies have extended their debt maturities, averting a 'tsunami of defaults' from higher rates, Bernstein says
"We expect a moderate default rate for the next 12 to 18 months — around 4% to 5% — rather than a t…
Filip De Mott
2 mins read
Mortgage rates are soaring, but higher credit quality means there likely won't be a default crisis like the 2008 crash, Goldman Sachs says
"Our analysis suggests that a surge in delinquency rates is unlikely over the next year," Goldman S…