Excerpt:
Happy New Year! Best wishes for 2025, Bill
Single-family and multi-family serious delinquencies increased in November.
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Here are the multi-family 60+ day delinquency rate since 2006.
Freddie Mac (blue) reports that the multi-family delinquencies rate increased to 0.40% in November, up from 0.40% in October, and down from the recent peak of 0.44% in January 2024.
Fannie Mae (red) reports that the multi-family delinquencies rate increased to 0.61% in November, up from 0.57% in October, and is at the highest rate since 2011 (excluding pandemic).
There is much more in the article.