In the wake of the COVID-19 pandemic, the value of homes has never been higher: buyers in markets nationwide are competing fiercely for real estate and driving prices up. But many current homeowners who aren’t looking to sell are struggling,…
Homeownership is another example of the pandemic economy’s mixed effects. The value of homes has never been higher, with buyers in markets nationwide competing fiercely for real estate and. But many current homeowners who aren’t looking to sell are struggling, as economic hardships during the pandemic have made it difficult to keep up with mortgage payments.
Further, certain segments of the population have had a harder time keeping up with payments over the last two years than others. One of the clearest differences is income level. Low income professions and workers have beenby pandemic-related disruptions, and with less financial cushion, low income households struggle more with unexpected economic challenges. As a result, 16.8% of mortgage holders making less than $25,000 annually report being behind on payments, compared to just 2.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'COVID Recovery Clinic' opens to provide long COVID-19 patients with treatment, careKeck Medicine of USC has formally launched its COVID Recovery Clinic to provide long COVID-19 patients with much needed treatment and care.
Consulte Mais informação »
Covid-19: Six Covid-related deaths and 1,002 casesThe total number of deaths linked to Covid-19 in NI since the start of the pandemic is 3,335.
Consulte Mais informação »
Covid-19: One Covid-related death and 783 casesThe total number of deaths linked to Covid-19 in NI since the start of the pandemic is 3,336.
Consulte Mais informação »
A massive study finds diabetes risk rises after COVID-19According to a new study, people who got COVID-19 might be roughly 40 percent more likely to develop type 2 diabetes.
Consulte Mais informação »
ADPH: More than 1.2M positive COVID-19 casesThere’s no way of telling how many cases will be confirmed in Alabama, but the state began taking precautions on Friday, March 13, 2020.
Consulte Mais informação »
Houston city leaders, law enforcement ready for Ramadan 2022 amid dwindling COVID-19 casesAs Muslims around the world celebrate the holy month of Ramadan, FOX 26 spoke with Houston City Councilmember Letitia Plummer and HPD's South Asian and Middle Eastern Community Liasion to see how they're gearing up.
Consulte Mais informação »