If you’re struggling to may your mortgage, there’s help available. Most Americans are feeling the effects of COVID-19 on the United States economy.
Nearly 39 million Americans have already applied for unemployment aid. Unemployment rates are projected to near a record high.
Additionally, the economy shrank 4.8 percent in the first quarter. To help ease some financial strain, the Federal Reserve reduced interest rates to zero percent in April.
Despite the lower interest rate, many consumers are still feeling a pinch on their budgets. If you’re struggling to keep up with your mortgage payments each month, here are a few personal finance tips to help. (Note: The tips in this article will help ease some of your mortgage loans — or housing