Derry's Condo Headshot

Derry's Condo Headshot

Monday, November 22, 2021

Mortgage Delinquencies Decrease

Because of the mania of this market, people keep asking if we're due for a correction or a crash. What happened leading up to the recession is that there was no cash or equity in any of these properties. That is no longer the case. Our other contributing factor, everyone is making their payments and the volume of mortgage delinquencies is decreasing. For more details on this, click the link below.

MBA: "Mortgage Delinquencies Decrease in the Third Quarter of 2021"

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