In 2011, we saw delinquencies spike from the 30-year average of ~3% to a peak of 11%.

In 2011, we saw delinquencies spike from the 30-year average of ~3% to a peak of 11%.

The closures also stop workers from earning income so unemployment will start to spike.

The sudden economic stop caused by coronavirus containment measures will cause a global recession this year and could see U.S. corporate default rates spike above 10% in the next 12 months, ratings agency S&P Global warned on Tuesday.

Denver's mayor says sheriffs will not carry out evictions as of yesterday: https://denverite.com/2020/03/16/denver-mayor-says-sheriff-deputies-wont-carrying-out-evictions/Furthermore, this week marked a huge spike in unemployment requests: https://www.denverpost.com/2020/03/17/colorado-unemployment-filings-skyrocket-as-coronavirus-takes-its-toll-on-businesses/How are Denver landlords feeling about this?

@Robert NelsonWe have seen a sharp spike in the amount of Lenders and Hardmoney lenders pulling out of deals.

You need to swallow the bullet to leverage or just straight up pay cash..Hope you already exchange your CAD to USD because it spiked bigtime in March

The spike in home prices and now in rents rates for single/multi-family, I could definitely foresee an increased demand in the mobile home market. 

Look at bankrate and you'll see rates spiked but have come back down.

Could be worse than 2008 since unemployment is spiking in every market and eventually many of our borrowers will run out of financial resources to meet their debt obligations.