Housing Market Update | Forbearance, Foreclosure and Recession | 1245
b'The Mortgage Bankers Association (MBA) reported Monday the forbearance rate increased in October after more than two years of declines.\\xa0Is It over then? No, it\\u2019s not! Forbearance plans are still alive and well.\\xa0As of October 31, there were 350,000 U.S. homeowners in forbearance plans, up from 345,000 at the end of September. That\\u2019s 5,000 new forbearance plans put in place just last month. Why is that, and how will this impact foreclosures hitting the market? Listen to this episode and find out!\\n\\nBUT BEFORE THAT, Matt explains why new home builders are hitting the brakes.\\n\\nAre you ready?\\n\\nLet\\u2019s go!\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'