Mortgage delinquency rate doubles
Video Credit: KTNV Channel 13 Las Vegas - Duration: 00:21s - Published
Mortgage delinquency rate doubles
More than a million and a half Americans didn't pay their mortgages last month.
That number includes borrowers who are on a "forbearance plan."
THAT NUMBER INCLUDES BORROWERSWHO ARE ON A "FORBEARANCEPLAN".THE DELINQUENCY RATE FOR APRILWAS MORE THAN SIX-PERCENT -WHICH IS DOUBLE MARCH'S RATE.AND IT'S THE BIGGEST MONTH-TO-MONTH INCREASE EVER.ECONOMISTS SAY WE COULD SEESIMILAR NUMBERS NEXT MONTH.A GROUP OF YOUTH HOCKEY PLAYERS