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Americans falling behind on mortgages because of COVID-19

Six million failed to make payments in September
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Posted at 9:47 PM, Oct 18, 2020
and last updated 2020-10-18 21:47:34-04

BUFFALO, NY (WKBW) — The COVID-19 pandemic has left many people struggling financially.

In September, more than 6 million Americans failed to make payments on their homes.

That's according to The Mortgage Bankers Association.

The Trump administration did recently put a moratorium on evictions for people making less than $99,000 a year, but that ends on December 31st, and without another stimulus from Congress,
some economists worry these payments could leave more Americans homeless come early next year.