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Average of Nearly $5,000 Paid Out to Renters Applying for Assistance Under the $25B Emergency Rental Assistance Package

To prevent widespread evictions, the federal government provided $ 46.55 billion in emergency rental assistance (ERA) to eligible renter households through the Consolidated Appropriations Act of 2021 ($ 25 billion) and American Rescue Plan Act ($ 21.55 billion). www.nar.realtor – Research

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Delinquencies Fall Below Pre-Great Recession Average

The national delinquency rate dropped by 7.62 percent in June and is now 42.39 percent below its rate at the worst of the pandemic. Black Knight, in its monthly report, says the June rate, at 4.37 percent, was also back below its pre-Great Recession average. Still, there are 2.32 million homeowners who are 30 or […]

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