#delinquencies

Panelists Caroline Downey and Cage Sawyers focus on how scholar mortgage delinquencies will hit document highs whereas a rising variety of present and potential faculty college students don’t imagine the diploma is well worth the price ticket on ‘The Backside Line.’ The Federal Reserve Financial institution of New York on Tuesday reported a big rise within the variety of delinquent scholar loans…

Delinquencies rise for #credit cards and #auto loans, and it could get worse

With interest rates going up, more consumers have missed payments on household debt

@ToryNewmyer @jackiepeiser

@Post_AG

After spending most of the past year at or near record lows, Canada’s mortgage delinquency rate is expected to return to pre-pandemic levels, potentially rising by nearly a third. That’s the latest forecast from RBC Economics, which points to a “looming” recession and an expected increase in the unemployment rate to 6.6% by next year as catalysts for more Canadians falling behind on their…