Forbearance rate declines after June’s economic improvements, but will it hold?

Jul 8, 2020 |

The U.S. mortgage forbearance rate fell to 8.39% in the last week of June, down from 8.47% a week earlier, as businesses reopened and the jobs market improved, according to a report on Tuesday from the Mortgage Bankers Association. But will it hold? The drop in forbearances came as the nation’s unemployment rate fell to […more]

Posted in: San Francisco

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