Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma

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Hurricane Harvey impact on mortgages If money is a commodity and there’s plenty of mortgage lenders, then it’s all about finding the lowest mortgage rate quote. Of course, those rates won’t just jump out at you.. Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma.

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Hurricanes Harvey and Irma may have caused up to $200 billion in damage, comparable to Katrina Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma Hurricane victims facing a long road to home reconstruction

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Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma As many as 300,000 borrowers could become delinquent on their loans after Hurricane Harvey, Black Knight Financial Services says. That is four times the original prediction because new disaster zones were designated and more homes flooded.

Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma. As if Hurricane Harvey wasn’t enough of a hit for mortgage holders, Irma might mean four times as many homeowners will be affected by weather in the southeast.

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The mortgage backers could extend forbearance for up to a year.. like Harvey makes both comparisons and predictions difficult but not. and outlying areas hit by Hurricane Harvey, there are more than twice as many mortgage properties with nearly four times the unpaid principal balance as there were in.

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