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Foreclosures on the Rise as Interest Rates Continue to Climb, and Banks Face Increased Risk

Here Come The Slow But Sure Foreclosures

Foreclosures on the Rise as Interest Rates Continue to Climb

Foreclosure activity in the US is on the rise, and it is expected to continue to increase throughout 2023. This is due to a number of factors, including rising interest rates, inflation, and rising housing prices. According to ATTOM Data Solutions, there were a total of 185,580 U.S. properties with foreclosure filings in the first half of 2023. This is up 13% from the same time period . . .

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