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"People Are Waking Up" And Becoming Motivated Home Sellers | Melody Wright

Thoughtful Money with Adam Taggart

CHAPTER

Mortgage Delinquency Trends and Market Implications

This chapter analyzes the alarming rise in mortgage delinquencies, particularly a significant 19% month-over-month increase in 30-day delinquencies. The discussion emphasizes the psychological and economic factors contributing to defaults, drawing comparisons with past financial crises and addressing inconsistencies in industry narratives. Additionally, it explores the implications of rising insurance and tax costs on homeowners' decisions to sell, urging caution in the current housing market dynamics.

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