High costs, high taxes and high inflation hit homeowners in all price ranges, but the situation is especially hard on those with fixed or limited sources of income. Here are a few ways you can help distressed homeowners stay in their homes.
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists.
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago.
It's unclear exactly how many properties will be freed up now that the federal eviction and foreclosure moratoriums have expired. But whichever way it goes, agents will want to be prepared.
Several economists and housing experts share what could unfold for homeowners, renters and the overall economy when the CDC's eviction and foreclosure moratorium ends on July 31.
The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook.
The percentage of homeowners who are behind on their mortgage payments continues to fall, but an estimated 1 million homeowners face an elevated risk of foreclosure when forbearance protections start expiring in September.
A new report found that 14.7 percent of the 7.6 million mortgages backed by the Federal Housing Administration were delinquent in May.
Guramrit Hanspal, who hasn't made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July.
Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this "bellwether" group have either resumed payment on their loans or paid them off.
Mortgage forbearances decreased for the eighth consecutive week, though at a slower rate than the past two weeks, according to the latest Mortgage Bankers Association report.
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05 percent to 0.04 percent, according to the latest data from the Mortgage Bankers Association.