Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

First Mortgage Default Rate at Highest Since September 2020

Credit rating agency Experian, along with the S&P Dow Jones Indices, has released its latest monthly iteration of its Consumer Credit Default Indices Report for June 2022 which aims to represent a “comprehensive” measure of changes in consumer credit default rates and shows that the composite default rate rose two basis points to 0.53%.  Breaking …

The post First Mortgage Default Rate at Highest Since September 2020 appeared first on DSNews.

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