Some unemployed homeowners will get a few months of relief on mortgage payments. In a new government assistance plan, unemployed homeowners who are collecting unemployment AND who are no more than 90 days late can apply to get mortgage payments waived for a few months. No credit requirements. Homeowners should contact their lenders for details.
To stay completely up-to-date on all the pending mortgage changes, to see how they will affect you, and get news about interest rates and programs, just read my weekly updates - Click for free email alerts.