As of January 2024, the delinquency rate for FHA loans reached 10.4%, marking the highest level in 16 years. Additionally, 11% of borrowers cited unemployment as the reason for their delinquency.
Aligned🔥 pic.twitter.com/hpZUUWqQc3
— Mutasco (🐝) (@Cryptic_Chelsea) July 23, 2024
Sources:
www.hud.gov/sites/dfiles/Housing/images/FHALPT_Jan2024.pdf
www.hud.gov/sites/dfiles/Housing/images/FHALPT_Dec2021.pdf
AMERICANS SEE MIDDLE-CLASS DREAM SLIP AWAY (Newsweek)
A majority of U.S. adults believe that achieving the American dream—having a steady income, a home for your family, and faith that as long as you work hard, you'd reap the benefits—has become a lot harder than it used to be,… pic.twitter.com/psayu0V8jU
— FXHedge (@Fxhedgers) July 23, 2024