bee Calculated Risk On 2/04/2025 11:27:00 AM
Today, in the calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rates increased in December
ExcerPT:
Freddie Mac reported that the single-family serious delinquency rate in December was 0.59%, up from 0.56% November. Freddie’s Rate is Up Year-Over-Year from 0.55% in December 2023, however, this is below 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 December was 0.56%, up from 0.53% in November. The serious delinquency rate is up year-over-year from 0.55% in December 2023, 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.