Mortgage Delinquencies Rose for the First Time in 9 Months
Mortgage delinquencies nearly disappeared during the early days of the pandemic due to mortgage relief provisions put in place by the federal government. Now they are on the rise as of February. Many homeowners are being asked to resume mortgage payments and many are not in a position to do so.
Read more at MarketWatch: Mortgage delinquencies rose for the first time in 9 months. Here’s what that means for the housing market.