NEW Update: Foreclosures & Mortgage Delinquencies
The share of serious delinquent mortgages (90+ days past due) remains more than 45% above pre-pandemic levels. However, overall mortgage delinquencies are down 42% from last year and the current levels of 2.75% is a record low.. In today’s housing market update, I share all the details including an update on foreclosures and foreclosure starts according to Black Knight and Corelogic.
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To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6% for the current mortgage rates (at the time of filming this video).
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My Bold Housing Market Predictions for 2022:
https://youtu.be/VyPGSw1zW14
Compilation of Housing Market Forecast videos:
https://youtube.com/playlist?list=PLiQQpOejscIcBF1Jw2zG6Uvg7qDav_oGi
Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?
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Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com
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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.
This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty One Group in California under DRE 01923240.
#Corelogic #housingcrash #foreclosures
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