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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

September 19, 2023

Aerial view of suburban homes around a cul-de-sac, with green lawns and backyard pools.

Infographic explains why low mortgage delinquencies make a wave of foreclosures unlikely.

Some Highlights

With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely.
Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.

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