Fannie and Freddie: Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in March

CoreLogic: "US Mortgage Delinquency, Foreclosure Rates Hover Near Historic Lows"

Single-family serious delinquencies decreased in March, and multi-family serious delinquencies decreased again after the huge surge in January.

Freddie Mac reported that the Single-Family serious delinquency rate in March was 0.52%, down from 0.54% February. Freddie's rate is down year-over-year from 0.62% in March 2023.  This is below the pre-pandemic l…