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Covid-19’s Financial Toll Mounts as Homeowners Keep Postponing Mortgage Payments – Fox Business

Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months



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A promising sign of a bounce back in the pandemic-ravaged economy has stalled: Fewer borrowers are resuming mortgage payments.
The proportion of homeowners postponing mortgage payments had been falling steadily from June to November, an indication that people were returning to work and the economy was beginning to recover. But the decrease has largely flattened since November, when the current wave of coronavirus cases surged in communities across the country.
For roughly the past two months, that…

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