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.
