Thursday, 6 May 2021 | The Latest Buzz for the Appraisal Industry

Cash-Strapped Consumers Putting Mortgages First

In times of financial duress, a new TransUnion study has found that consumers are prioritizing their mortgage loan payments over auto loans and credit cards. TransUnion conducted a payment hierarchy study focusing on the three most popular credit products in the country: mortgages, auto loans, and credit cards. Approximately 27.8 million consumers held all three …

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