at Calculated Risk on 11/27/2024 01:15:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family and Multi-Family Serious Delinquency Rates Increased in October
Excerpt:
Single-family serious delinquencies increased slightly in October, and multi-family serious delinquencies increased.
…Multi-Family Delinquencies Increased, Fannie Rate Matches Highest Since 2011 (ex-Pandemic)
…Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.55%, up from 0.54% in September. Freddie’s rate is up slightly year-over-year from 0.54% in October 2023. This is below the pre-pandemic lows.
…Fannie Mae reported that the Single-Family serious delinquency rate in October was 0.52%, unchanged from 0.52% in September. The serious delinquency rate is down year-over-year from 0.53% in October 2023. This is also below the pre-pandemic lows.