Mortgage delinquencies almost doubled in April as out-of-work Americans struggled to pay their bills during the COVID-19 pandemic. The U.S. delinquency rate rose to 6.45% from 3.39% in March, the largest monthly increase ever recorded, Black Knight said in a report on Thursday. It was almost triple the previous record gain in 2008, near the […more]
Posted in: San Francisco
Comments are closed.