ranchforsale: Is a new foreclosure crisis looming on the horizon? - 10/23/20 07:11 AM

 
Friends and Clients --
I want to talk to you about a foreclosure crisis that might be looming on the horizon, and what it could mean for you.
I'm sure you know how the pandemic and the lockdown have hurt the economy. Many people have lost jobs or had their hours cut. As a result, they are struggling to make regular mortgage payments.
You've probably also heard about various forbearance programs. These are temporary private and government programs that allow mortgage borrowers to postpone or reduce their monthly payments.
As it currently stands, 3.7 million borrowers are in mortgage forbearance programs. That’s about 7% of … (2 comments)

 
Christopher Watters, Austin Realtor (512-829-8000) (Watters International Realty)

Christopher Watters

Austin Realtor (512-829-8000)

Austin, TX

More about me…

Watters International Realty

Address: 8240 N Mopac Expy, Suite 110, Austin, TX, 78759

Office: (512) 829-8000

Your certified expert wether buyer or selling in Austin. Search homes and Austin Real Estate for sale. What's your home worth? Find out now - Austin Home Values.





Listings

Links

Archives

RSS 2.0 Feed for this blog