Covid-19’s Financial Toll Mounts as Homeowners Keep Postponing Mortgage Payments
Wall Street Journal, Jan. 24, 2021–Orla McCaffrey (subscription)
For roughly the past two months, that group of homeowners has flatlined at about 5.5%, according to the Mortgage Bankers Association. Though that is down from a peak of 8.55% in June, some economists are concerned about the stalling forbearance rate—and worry that it could even start climbing as the economy sheds jobs.
https://www.wsj.com/articles/covids-financial-toll-mounts-as-homeowners-keep-postponing-mortgage-payments-11611493201