Lower Delinquencies Experienced by Freddie MAC

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

From DS News



<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=b1d4b6c7e1&e=ebe71b748c
> 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.
<http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5&
id=ee77b228f4&e=ebe71b748c
> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
<http://www.sunilsethi.com/> www.sunilsethi.com

CA DRE#: 01173766

Comments

Popular posts from this blog

Mission Lakes Neighbors Ask Union City Mayor and Council to ​Rethink East West Connector

Fremont's New Housing Legislation is another step in the right direction!

Important Easement Information