Rental late fees fall as mortgage delinquencies rise: CFPB data

Wed, Jan 29, 2025, 10:17 AM

Only 14% of renters were paying late fees in 2024, down from the year prior, signaling good news for the rental housing market, according to data from the Consumer Financial Protection Bureau (CFPB). On the other hand, mortgage delinquencies rise, underlining the affordability challenges of home ownership.

Yahoo Finance Senior Housing Reporter Claire Boston joins Brad Smith on Wealth to take a closer look at the CFPB data.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Naomi Buchanan.