S&P/Experian: Mortgage default rates increase two months straight

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Overall the composite rate for consumer credit defaults, including bank cards, auto loans and the first mortgage. the S&P Experian consumer credit default indices released this week. The bank card.

The first mortgage. basis points to 2.07%. After seven straight months of decline, bank card default rates have now increased for three consecutive months. This upward trend has been the primary.

Consumer default rates recorded a slight uptick in September, rising for the second consecutive month, according to the most recent S&P/Experian Consumer Credit Default Indices. As a whole, the.

Prices also rose both on a month-to-month and year-over-year basis. The median price for homes sold in November was $163,750, 3.6 percent higher than October and 6.9 percent higher than November 2011. November is the 10th straight month to experience year-over-year price gains. Read more..

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Consumers increase their spending in June. S&P Dow Jones Indices and Experian monitor consumer credit defaults on a monthly basis. A rise in defaults usually means consumers are struggling and.

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The bank card default rate recorded in December reflects the largest monthly increase since May 2017. The first mortgage default rate increased two basis points to 0.68 percent. The S&P/Experian.

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DS News Webcast: Thursday 1/22/2015 Consumer default rates recorded a slight uptick in September, rising for the second consecutive month, according to the most recent S&P/Experian Consumer Credit Default Indices. As a whole, the.

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The second mortgage default rate held steady in December at 0.67 percent after spiking by a total of 20 basis points over the previous two months. December 2015’s second mortgage default rate of 0.