Real Estate

Lessons Unlearned

Heloc Balances Surged

Since Q1 of 2021

41%

DYI:  Despite the drop off for monthly payments compared to disposable income at approximately 57% this remains way too high any disruption of income defaults will surge.  In order to be in the safe zone debt needs to 25% or less of disposable income.  57% remains at an insane level.