Real Estate Investors Association of Greater Cincinnati

Author: Rick Sharga (1 articles found) - Clear Search

Key market updates to stay ahead of the game


Hey, folks, data expert Rick Sharga will be live with Vena Jones-Cox on Tuesday on Real Life Real Estate Investing. It’s at 5:00 PM Eastern. Send questions before the show to now and listen HERE for the answers at 5 pm Eastern.

  • Delinquencies on consumer loans show signs of distress even as mortgage delinquency rates decline slightly.
  • Early-stage mortgage delinquencies (30 and 60 days) ticked up slightly, as did other consumer loans; student loan repayments are set to resume now.
  • As forbearance program nears its end, more exiting loans are delinquent and more need loan mods; fewer are paid off or current.
  • Many of these loans were delinquent prior to the pandemic and may be candidates for foreclosures w