Saturday , 23 January 2021

mortgage default

Rate of Default For First Mortgages Dropped in October

The rate of default for first mortgages dropped to 0.35% in October, down from 0.46% in September and down from 0.77% in October 2019, according to the S&P/Experian Consumer Credit Default Indices. The rate of default for bank cards in October was 2.80%, down from 3.00% in September and down from 2.88% in October 2019. The rate of default for …

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