What is Mortgage Deferment or Forbearance? Homeowners across the country are struggling to pay their mortgage as a result of reduced income/unemployment or other challenges related to the coronavirus pandemic. So what's a homeowner to do? The answer: PAUSE payments; also known as deferment/forbearance .. until they can once again afford their monthly mortgage. Sounds easy enough, right?...
Navigating the economy & housing market through COVID-19 Image courtesy of: Buckhead.com As much as we'd love to predict what the Silicon Valley real estate market will do through the end of this year and into 2021, unfortunately, our crystal ball is on the fritz. We can, however, continue listening to top economic experts, monitor our Santa Clara County real estate stats daily, and be a...
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