Small lender default rate reaches 7.24%, highest since 1991, likely to continue due to high interest rates. August 7, 2023 2:53 pm by CWR Sharing is Caring! pic.twitter.com/toHg432ySq — William T (@Willamthe2nd) August 7, 2023 See also 21 George Soros-backed Prosecutors Ousted Since 2022See also No soft landing for real estate: Mortgage rates rise despite Fed's three rate cuts. Home prices are contracting sharply. Home builder lenar just said road ahead will be choppy