From Birch Gold Group
One signal you don’t want to see in times of economic uncertainty is an increase in mortgage delinquencies.
If people aren’t paying the bill that puts a roof over their head, that doesn’t paint a pretty picture for the state of the U.S. economy.
Sadly, it looks like that picture could be taking shape right now. Wolf Richter recently highlighted the beginning of a potentially disastrous trend:
Continue reading “Uh Oh: Mortgage Delinquencies Skyrocket to Highest Level in 21 Years”
