Trip Back to Reality Starts: Mortgages, HELOCs, Delinquencies, and Foreclosures in Q2
by Wolf Richter, Wolf Street: Forbearance and pandemic cash run out. But a lot of fun was had by all. Mortgage balances jumped by 9% in Q2 from a year ago, as prices spiked year-over-year, while people bought far fewer homes – sales of existing homes dropped by 10% from Q2 last year, and sales of new single-family […]
