Rental Late Fees Decrease Amid Rising Mortgage Delinquencies: CFPB Report

Reported about 21 hours ago

Data from the Consumer Financial Protection Bureau (CFPB) shows that only 14% of renters incurred late fees in 2024, a significant decrease from the previous year, which is a positive sign for the rental housing market. In contrast, mortgage delinquencies are increasing, highlighting the challenges of home ownership affordability.

Source: YAHOO

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