Fewer than 5 million households failed to make their rent or mortgage payments in March 2021, an improvement from December 2020 and the lowest number since the onset of the COVID-19 pandemic, according to a first quarter 2021 report released by the Mortgage Bankers Association.

The study, which surveyed over 8,000 households and was dubbed “Housing–Related Financial Distress During the Pandemic,” found that 7.7% of renters (2.56 million households) missed, delayed, or made a reduced payment in March 2021, while 4.9% of homeowners (2.33 million) missed their mortgage payment. Twenty-six million student details ⇒

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