Credit Bureau Foresees Even Fewer Mortgage Delinquencies in 2017

iStock

Credit Bureau Foresees Even Fewer Mortgage Delinquencies in 2017

Dec, 22nd 2016

Mortgage delinquency rates will continue their downward trend in 2017, according to a forecast from TransUnion.

TransUnion projects serious delinquency rates will decrease from 2.21% in the fourth quarter of 2016 to 2.11% by the end of the fourth quarter in 2017.

“The mortgage market has been seeing steady improvements during the last several years, and we believe lower unemployment rates, growth in median household income, and rising home values will be the primary drivers for continued strong performance in this sector,” said Joe Mellman, TransUnion vice president and mortgage line of business leader.

Read More

Join Us. We are waiting for you!

Sign Up Today!

We welcome you to our community where you can gather and share information on debts and issues which may have your life unsettled. Together we thrive!


Logo mobile 4b2fda9e088d7249be95ede0cc3adea2de299a346ba55b450264e0c976b239c5

Join our community Today! IT'S FREE

Our Interactive Knowledge Base Has All The Infomation You Need To Settle Your Debt & Settle Your Life™

SIGN UP NOW!

Join, Resolve & Share!