Friday, October 23, 2020
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Does your house need attention?
Why not give it a facelift? Refinancing your home could be the answer.
 

Mortgages in Forbearance Falls for 7th Week

Mortgage News > Mortgages in Forbearance Falls for 7th Week
Date: 08/04/2020    Mortgages in Forbearance Falls for 7th Week

As many businesses find ways to reopen during the coronavirus pandemic, more American homeowners are leaving the mortgage forbearance rolls, according to the Mortgage Bankers Association. Last week, 7.67% (roughly 3.8 million) of all U.S. homeowners had deferred mortgages, down 7 basis points from 7.74% the week before. That marks seven straight weeks of declines. Requests for new forbearance programs fell to 0.10% from 0.13% the previous week and the lowest on record since early March.

back