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Friday, May 10, 2024

Mortgage delinquency rate doubles

Credit: KTNV Channel 13 Las Vegas
Duration: 00:21s 0 shares 2 views

Mortgage delinquency rate doubles
Mortgage delinquency rate doubles

More than a million and a half Americans didn't pay their mortgages last month.

That number includes borrowers who are on a "forbearance plan."

THAT NUMBER INCLUDES BORROWERSWHO ARE ON A "FORBEARANCEPLAN".THE DELINQUENCY RATE FOR APRILWAS MORE THAN SIX-PERCENT -WHICH IS DOUBLE MARCH'S RATE.AND IT'S THE BIGGEST MONTH-TO-MONTH INCREASE EVER.ECONOMISTS SAY WE COULD SEESIMILAR NUMBERS NEXT MONTH.A GROUP OF YOUTH HOCKEY PLAYERS

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