On The Market

Americans Are Late on Their Mortgages: Why I’m NOT Worried About THAT Chart

8 snips
Apr 3, 2025
Mortgage delinquencies are rising, but the panic may be overblown. A popular chart seems alarming, yet it reveals trends expected with rising interest rates. The housing market is becoming a buyer's paradise with increasing inventory and potential price drops. Historically, real estate remains less volatile than stocks, providing some reassurance. Strategies for homebuyers to leverage these conditions are discussed, emphasizing opportunities amidst the current economic climate.
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INSIGHT

Housing Market Stability

  • Housing markets are less volatile than stocks because housing is a necessity.
  • People stay in homes even during market downturns if they can afford mortgage payments, preventing crashes.
INSIGHT

Real Estate Crashes

  • A real estate crash, unlike a correction, requires 'forced selling'.
  • This occurs when homeowners can't pay mortgages, leading to foreclosures and a rapid price decline.
INSIGHT

Mortgage Delinquency Misinformation

  • Homeowners are generally paying their mortgages, despite recent headlines.
  • One viral chart has caused panic by misrepresenting commercial mortgage delinquencies as residential.
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