The Julia La Roche Show · Saturday, October 24, 2026
Chris Whalen predicted that credit will become a bigger problem going forward and expects foreclosure activity to rise further next year. He noted that while home prices remain high relative to pre-COVID levels, softening prices and normalizing markets will bring credit issues to the surface.
“And that's going to be interesting to watch. So I am very cautious on all of the financials right now.”
“We're probably going to see higher foreclosure activity next year, simply because we've been at this for so long, and interest rates have largely subsidized housing and credit”