Forbearance Plans Drop to New Low

Forbearance, (when mortgage lenders allow you to delay payments for a specified time) rates are at a 7 month low.  Many homeowners took advantage of forbearance plans in the early Spring due to COVID-19.  Mortgage forbearance plans make up almost 6% of all mortgages which is the lowest rate since April when it was 3.74%.  That percentage rate translates to almost 3 million homeowners.  Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.

Published by edcurryrealtor

Serving Sarasota and Manatee County home buyers and sellers with honesty, integrity and professionalism since 2002.

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