A
new Freddie Mac survey found that both homeowners and renters are still
concerned
about their ability to pay their mortgage or their monthly rent as
the pandemic wears on. but those concerns have lessened since last fall. The COVID-19
Tracking Poll has contacted over 1,000 respondents on an irregular basis over
the past year. Two thirds are homeowners, the remainder are renters.

Over the nine months the survey was conducted in 2020, more than half of renters
were concerned about making their monthly payments, fluctuating between 54
percent in April to 71 percent in November. Renter concern began to ebb in December
to 67 percent and dropped further to 63 percent last month. Homeowners concerns
over mortgage payments were at a low of 33 percent in June, rising to a high of
55 percent in October. By year end, 45 percent of respondents were expressing
concern and in February it improved to 41 percent.

…(read more)

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