Nearly 1 in 3 mortgage borrowers fears foreclosure, JD Power survey warns
The share of mortgage borrowers who believe they are at risk of foreclosure has nearly doubled in four years, according to new data from JD Power's 2026 U.S. Mortgage Servicer Satisfaction Study released Thursday. According to the survey, 30% of borrowers now say they fear losing their home, up from 17% in 2022. The figure does not reflect actual foreclosure rates, which remain manageable, but it points to a meaningful shift in how borrowers are feeling about their financial position at a time when escrow payments are rising, late fees are increasing, and the broader financial health of the average homeowner is declining.
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Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets. The benchmark 30-year fixed rate mortgage rate rose to 6.58% from 6.55% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.74%.
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Foreclosures on the rise nationwide, data shows
With home prices around the United States nearing record highs, a new data analysis shows that foreclosure filings nationwide have spiked as well. Nationwide, foreclosure filings spiked 21% in the first six months of 2026 compared to the same time last year, according to an analysis of ATTOM data by ABC News and ABC Owned Television Stations. Compared to this time in 2024, they are up 28%, according to the data.
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Estate sues Fidelity, title agency over escrow of bonded debts
A title agency and underwriter face a federal suit alleging they made a home seller escrow proceeds over debts already covered by court bonds. A Florida man who sold his late mother's home has sued the closing attorney, the title agency and the title underwriter that handled the deal, alleging they made him freeze nearly $74,000 of his proceeds over personal debts that were never a lien on the property.
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