One group of homeowners continues to be behind on their mortgage payments. If that trend should continue, it could threaten the strength of certain real-estate markets across the country.
These figures include loans that are in forbearance — at the start of the pandemic, federal regulators and lawmakers set up forbearance programs that allow homeowners to pause making mortgage payments. Those forbearance programs were extended again, allowing homeowners to make an initial request for payment relief until the end of September. Depending on when a homeowner made their first request, they can pause payments for anywhere from six to 18 months.
“If a modification is unable to address the delinquency, the next option is for the borrower to sell the home,” American Enterprise Institute Housing Center Director Edward Pinto and research fellow Tobias Peter wrote in the report. “Given the rapid level of home price appreciation, this alternative should allow many distressed owners to avoid foreclosure, pay off the mortgage, cover selling expenses and maintain one’s credit record.
There’s going to be a correction in the housing market this fall.
For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Lucille610406 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Earthquake, Magnitude 4.6 - CENTRAL CALIFORNIA - 2021 July 08, 23:33:44 UTCMagnitude: mb 4.6, Region: CENTRAL CALIFORNIA, Date time: 2021-07-08 23:33:44.1 UTC, Location: 38.56 N ; 119.56 W, Depth: 10 km.
Source: LastQuake - 🏆 653. / 51 Read more »
Kamala Harris’s Stepdaughter Modeled Balenciaga CoutureElla Emhoff at Paris couture week is actually pretty consistent with the history of couture
Source: TheCut - 🏆 720. / 51 Read more »
Need Design Inspo? These 5 Services Will Help Reimagine Your SpaceIt’s like having your own interior designer, but without needing to get off the couch.
Source: Food52 - 🏆 113. / 63 Read more »
These are the best cities globally for remote workingThe Australian city of Melbourne has been found to be the best city globally for remote working, according to a ranking by on-demand housing platform Nestpick. MakeIt For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him RonelMoses32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ MakeIt For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Lucille610406 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success MakeIt For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him RonelMoses32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: CNBC - 🏆 12. / 72 Read more »
Lockdowns toughen in Seoul and Sydney as Delta variant Covid-19 outbreaks growThe capital of South Korea and Australia's largest city announced Friday they would increase their Covid-19 prevention measures to combat growing outbreaks of the Delta variant in both cities. Better safe than sorry endcovid Lol this will never end Australia and South Korea should follow Canada strategy and stop nonessential visitors to the country. To reduce infections from COVID-19 Delta variant. Other nations should follow same strategy. Professor Isagholian, virology and immunology
Source: CNN - 🏆 4. / 95 Read more »
Eleven by Venus Williams Just Launched the Essentials Collection, and It's Full of WinnersWhen we think of tennis, we think of Venus Williams. She's been an icon for what feels like forever, and so when she came out with her line of activewear,
Source: POPSUGAR Fitness - 🏆 401. / 53 Read more »