The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble

The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble

Recently the Federal Housing Finance Administration (FHFA) – conservator of Fannie Mae and Freddie Mac – extended the moratorium for both evictions and foreclosures until the end of the year. Many homeowners breathed a sigh of relief. Indeed, over the past few months the number of borrowers with active forbearances has declined.

By Miki