As of this article, more than 32 million people are receiving some sort of unemployment benefit. The Federal Housing Finance Agency imposed a number of measures to avoid a massive amount of people losing their homes. 

These protections have been largely successful resulting in the fewest active foreclosures since 2000. These protections are set to expire come August 31st. Any lapse in government policy could result in a slew of foreclosures across the country. 

With forbearance options set to expire, many economists have baked in a larger than average amount of foreclosures into their 2021 models resulting in a very rare drop in US home prices. 

Read the full article here. 


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