Friday, May 17, 2024 | The Latest Buzz for the Appraisal Industry

Research Shows Lower Missed Housing Payments in Q2 2021

Slightly under 5 million households did not make their rent or mortgage payments in the second quarter of 2021, according to updated research from the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA).

Housing-Related Financial Distress During the Pandemic, RIHA’s study, found that 8.6% of renters (2.86 million households) missed, delayed or made a reduced payment in June 2021, while 4.6% homeowners (2.19 million) missed their mortgage payment. In addition, 28 million

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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