Lower Delinquencies Experienced by Freddie MAC

It's a good indicator that the recovery is taking shape.

From DS News

> Freddie Mac's Delinquencies Decline for Fourth
Straight Month

The percentage of home loans going unpaid is steadily declining for the
nation's second largest mortgage company. Freddie Mac reported Tuesday that
its single-family seriously delinquent rate decreased to 3.63 percent in
March. That's down 15 basis points from 3.78 percent in February, and the
fourth consecutive month that the rate has headed south. With only a few
intermittent blips upward over the last year, Freddie has recorded a drop in
its seriously delinquent rate in nine of the past 12 months.
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
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