Default Cycle Has “Officially” Begun

Key Highlights Goldman Sachs forecast 13% default rate last week Moody’s forecast 14.4% default rate by end of March 2021 and to rise to 17.7% by April-May 2021 Moody’s forecast unemployment rate to jump to 8.7% in Q2 and 6%-7% in next three quarters Black Knight data recently released indicated that nearly 3M households have […]

from Tim & Julie Harris® Real Estate Coaching https://ift.tt/2KMpOh4
via Tim and Julie Harris

Leave a comment