Fannie and Freddie Serious Delinquencies in November: Single Family Mostly Unchanged, Multi-Family Increased

Single-family serious delinquencies were mostly unchanged in November, however, multi-family serious delinquencies increased.

Freddie Mac reported that the Single-Family serious delinquency rate in November was 0.54%, unchanged from 0.54% October. Freddie's rate is down year-over-year from 0.66% in November 2022.  This is below the pre-pandemic lows. Fre…