At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June.
Source: Inman News
Forbearance rate drops for seventh week in a row
Published in Consumer Financial Protection Bureau, fannie mae, fha, forbearance, foreclosure, freddie mac, ginnie mae, Markets & Economy, Mike Fratantoni, Mortgage, mortgage bankers association, usda and va
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