by Calculated Risk on 5/02/2025 11:04:00 AM
Friday, May 02, 2025
Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in March; Multi-Family Delinquency Rate Equals Highest Since 2011 (ex-Pandemic)
Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in March
Excerpt:
Freddie Mac reported that the Single-Family serious delinquency rate in March was 0.59%, down from 0.61% February. Freddie's rate is up year-over-year from 0.52% in March 2024, however, this is close to the pre-pandemic level of 0.60%.
Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic.
Fannie Mae reported that the Single-Family serious delinquency rate in March was 0.56%, down from 0.57% in February. The serious delinquency rate is up year-over-year from 0.51% in March 2024, however, this is below the pre-pandemic lows of 0.65%.
The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.
There is much more in the article.