Head of Canada’s Mortgage & Housing Agency Warns Home Buyers to Question Motives of Those Saying Prices Will Rise
“They’re whistling past the graveyard and offering no analysis.” By Stephen Punwasi, Better Dwelling: The head … Read more
mortgage
Despite Record-Low Mortgage Rates, New House Prices Drop to Lowest April since 2015, Sales to Lowest April since 2017
More than plenty of supply: 6.3 Months’ unsold inventory of speculative houses. By Wolf Richter for WOLF STREET. … Read more
Mortgage Credit Tightens
With interest rates falling to the lowest level on record, this should be a banner … Read more
Mortgage delinquencies soar by most on record. Number of unpaid credit card accounts in April increased 10,000% from a year ago. Number of unpaid auto loans up 350%.
Delinquencies among borrowers for past-due mortgages are soaring, a sign that Americans are struggling to … Read more
Canada Mortgage: Defaults to Jump, Originations to Tumble, Sales to “Suffer”
#Canada Mortgage: Defaults to Jump, Originations to Tumble, Sales to “Suffer” -New mortgage originations could … Read more
A map of rent and mortgage strikes in the USA since March. The debt bubble is collapsing.
by Kujo17 Image source: westriketogether.org/
23% of Americans not sure if they’ll be able to pay their rent/mortgage next week
A new Insider poll found 23% of Americans who owe a rent or a mortgage … Read more
Mortgage Forbearance Balloons, Home Sales Plunge
In addition to logistical difficulties of selling a home in the era of social distancing, … Read more
Chris Whalen: Mortgage Defaults May Be Worse than 2008-2009… Goldmans Still Committed to the Strength in Equities Being a Bear Market Rally
Chris Whalen: Mortgage Defaults May Be Worse than 2008-2009t.co/Tp8TInAXfg — The Sounding Line (@TapsCoogan) April … Read more
Mortgage Forbearance – Skip 12 months of your payments!
You won’t “skip” paying mortgage. You might not have to pay now but you will … Read more
Watch for the ripple effects… More homeowners seeking to delay mortgage payments; Credit card companies are reducing card limits; US earnings revision ratio is back to ‘08 lvls;
Bloomberg News with some distressing news: U.S. homeowners seeking to delay mortgage payments topped 3.4 … Read more
People Aren’t Paying Their Mortgage! Prepare for the Second Wave of Financial Crisis
The average person doesn’t get it. You can’t bail this system out. You can’t actually … Read more
Commercial Mortgage Surveillance Reveals Troubling Numbers
by cmbscredit This article is from Trepp, which is an industry analytics company used by … Read more
Going to be Tougher for Lots of People to Even Get a Mortgage. Expensive Housing Markets Most Affected
Availability of Jumbo Mortgages Plunges. By Wolf Richter for WOLF STREET. That mortgage lending standards have suddenly tightened … Read more
GOOD NEWS: Banks to allow customers to defer mortgage and credit cards payments
BAD NEWS : YOU NEED TO CONTACT THEM AND ASK FOR IT !! GO TO … Read more
Banks Brace For MOST Mortgage Defaults IN HISTORY! Markets Have NO IDEA.
Do you think banks will be getting a direct bailout at some point? If the … Read more