Fannie and Freddie: Single Family Serious Delinquency Rate Mostly Unchanged in June, Multi-family Increased

Single-family serious delinquencies were mostly unchanged in June, and multi-family serious delinquencies increased again.

Freddie Mac reported that the Single-Family serious delinquency rate in June was 0.50%, up from 0.49% May. Freddie's rate is down year-over-year from 0.56% in June 2023.  This is below the pre-pandemic lows.

Freddie's serious delinque…