Fannie and Freddie Serious Delinquencies in October: Single Family Declined, Multi-Family Increased

Single-family serious delinquencies continued to decline in October, however, multi-family serious delinquencies increased.

Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.54%, down from 0.55% September. Freddie's rate is down year-over-year from 0.66% in October 2022.  This is below the pre-pandemic lows. Freddie's …