Fannie and Freddie: Single Family Serious Delinquency Rate Decreased in April, Multi-family Increased Slightly

CoreLogic: "U.S. delinquency rate increased from a year earlier in March, driven by an uptick in early-stage delinquencies"

Single-family serious delinquencies decreased in April, and multi-family serious delinquencies increased slightly.

Freddie Mac reported that the Single-Family serious delinquency rate in April was 0.51%, down from 0.52% March. Freddie's rate is down year-over-year from 0.61% in April 2023.  This is below the pre-pandemic lows.

Freddie's serious delinquen…