Just over four million mortgages are projected to be issued next year, versus eight million in 2021.
https://www.reuters.com/markets/us/us-consumer-loan-delinquencies-seen-surging-13-year-high-2023-study-2022-12-14/
That's half as many. That shall have a large effect on the market.
Why is it, when one of the flagships of capitalism takes on water, the announcement is a sentence at the end of some news article?
#Capitalism #realestate
https://www.reuters.com/markets/us/us-consumer-loan-delinquencies-seen-surging-13-year-high-2023-study-2022-12-14/
That's half as many. That shall have a large effect on the market.
Why is it, when one of the flagships of capitalism takes on water, the announcement is a sentence at the end of some news article?
#Capitalism #realestate
U.S. consumer loan delinquencies seen surging to 13-year high in 2023 - study
U.S. consumers will fall behind on their personal loan and credit card payments next year at the highest rates since 2010, according to forecasts from TransUnion, a major consumer credit rating agency.Reuters
