decline in mortgage delinquencies shown with a down arrow hovering above homes and commercial buildings. Credit/Shutterstock

According to a new study released by the CFPB Wednesday, many of the indicators of a strong mortgage market appear to be going in the wrong direction.

In its 71-page report, “Data Point: 2022 Mortgage Market Activity and Trends” released this week, officials with the CFPB said a number of compounding issues are straining the home-buyers market; the main problem being high interest rates.

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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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