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However, foreclosures remain at historic lows, with 28,000 fewer loans in active foreclosure this October than last.
Sales remained steady leading up to Election Day
Yet, ICE's report finds many homeowners remain historically reluctant to tap their home equity
While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.
The average monthly payment among active mortgages hit a record $2,070 in August, up $140 from last year
ICE Credit Bureau Management automates credit disputes, helping servicers meet 30-day reporting deadlines.
