Freddie Mac: Mortgage Serious Delinquency Rate Decreased in June
Industry Update
July 26, 2022
Source: Calculated Risk
Freddie Mac reported that the Single-Family serious delinquency rate in June was 0.76%, down from 0.80% May. Freddie’s rate is down year-over-year from 1.86% in June 2021.
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.
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