From December 20 to January 3, Fannie Mae, Freddie Mac and several big lenders will suspend foreclosures and evictions on occupied single family and multi-family dwellings.  It’s unclear as to how many households this temporary ban will effect but it’s definately a gift to those who were scheduled to be foreclosed upon. 

Nationally, it’s been reported that as high as one in eight mortgages are in default or foreclosure.  The good news is that Pennsylvania’s foreclosure rate is still relatively low compared to the national average. 

If you find yourself in a financially distressed situation and need to sell your home before it foreclosed upon, please contact me at Michelle@HarrisburgHouses.net or (717) 623-8508.