A recent Experian credit trends analysis of new mortgages and bankcards from Q1 2013 shows a 16 percent year-over-year increase in mortgage origination volume and a 20 percent increase in bankcard limits. Providing further evidence of continued economic recovery throughout the nation, mortgage delinquency rates reached multi-year lows and bankcard delinquency rates reached near-record lows.
Download our Webinar on first-quarter credit trends and their impact on the rest of 2013 to find out how the current credit environment has impacted both lenders and consumers alike.
Source: www.multivu.com – Bankcard and mortgage originations kick off the first quarter with double-digit year-over-year growth
