Will Foreclosures Boom in 2021?

Given the number of Americans who have struggled financially during the coronavirus pandemic, you'd think foreclosure numbers would be booming. But actually, according to new research on household debtby The Ascent, foreclosure rates are down this year. While there were around 50,000 foreclosures in November 2019, there were just 10,000 in September 2020. But things could change in a very unfavorable way come 2021.