ICE’s February 2025 Mortgage Monitor report is out, revealing new data that may signal a “shift” in the housing market. Could these changes lead housing to bounce back or break down? One worrying metric is beginning to rise, but could it cause a downward spiral for the rest of the housing market? We’re uncovering it all on this episode with ICE’s Andy Walden.

From mortgage delinquencies to interest rate fluctuations, insurance overhauls, and more buyer power, the housing market is changing quickly. We’ll first talk about why a specific subset of homeowners is becoming increasingly delinquent on their mortgage payments. This group makes up a significant portion of the market, but could this uptick trigger a rise in foreclosures?

California’s wildfires became one of the costliest natural disasters in history, and with insurance providers already struggling, you may begin to feel the fiery effects on your next insurance bill regardless of where you live. Finally, some great news for buyers as Andy shares his optimistic forecast for mortgage rates and housing inventory, making it easier for you to buy your next property.

In This Episode We Cover

The worrying housing market metric that could signal distress among homeowners

Whether California’s wildfires could cause your insurance rates to jump

Foreclosure activity and why it isn’t vastly increasing as unemployment rises and inflation melts away spending power

Andy’s 2025 mortgage rate forecast and when rates could fall this year

Why homebuyers could have even better choices come this spring homebuying season

And So Much More!

Links from the Show

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Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors

February 2025 Mortgage Monitor

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2025 Mortgage Delinquencies Tick Up: Will Housing Bounce Back OR Break Down? 35:27 Share

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Shownotes Transcript

2025 Mortgage Delinquencies Tick Up: Will Housing Bounce Back OR Break Down?