Talk of The Villages Florida - View Single Post - Housing Crash Hitting Villages
View Single Post
 
Old 12-01-2023, 01:39 PM
Randall55 Randall55 is offline
Veteran member
Join Date: Aug 2023
Posts: 774
Thanks: 328
Thanked 633 Times in 334 Posts
Default

Quote:
Originally Posted by Normal View Post
Mortgage rates are high, but the newest assault on the market is the “forbearance “ wave that has hit its closing point. Borrowers aren’t paying up at a rate as high as 50%. Title offices are already reporting serious concerned on this stem of the market.
I am not up to date with forbearance. Are many skipping payments? Is it costing more money in the long run?