Freddie Mac: Mortgage Serious Delinquency Rate Unchanged in February

Freddie Mac reported that the Single-Family serious delinquency rate in February was 0.60%, unchanged from 0.60% in January. Freddie’s rate is down from 0.69% in February 2019.

This matches January as the lowest delinquency rate since November 2007.

Freddie’s serious delinquency rate peaked in February 2010 at 4.20%.

These are mortgage loans that are “three monthly payments or more past due or in foreclosure”. 

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