General World News

More households paid their rent and mortgage in Q2 2021

Fewer than five million households failed to make their rent or mortgage payments in the second quarter of 2021, despite the effects of the COVID-19 pandemic still being felt across the country.

According to the Mortgage Bankers Association’s Research Institute for Housing America (RIHA), 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 student debt borrowers (44.8%) missed payments.

Since the onset of the pandemic in the second quarter of 2020, 6.8% of renters and 5.7% of homeowners details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com