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A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

6/24/2021 04:37:00 PM Freddie Mac reported that the Single-Family serious delinquency rate in May was 2.01%, down from 2.15% in April. Freddie's rate is up year-over-year from 0.81% in May 2020. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble, and peaked at 3.17% in August 2020 during the pandemic. These are mortgage loans that are "three monthly payments or more past due or in foreclosure". Click on graph for larger image Mortgages in forbearance are being counted as delinquent in this monthly report, but they will not be reported to the cred...

2my goals to stop daily posts, 37 day average for Cases, Hospitalized, and Deaths 4Cases and Deaths updated Mon - Fri KUDOS to the residents of the 16 states and D.C. that have already achieved the 70% goal: Vermont, Hawaii and Massachusetts are at 80%+, and Connecticut, New Jersey, Maine, Rhode Island, Pennsylvania, New Mexico, California, Maryland, Washington, New Hampshire, New York, Illinois, Virginia and D.C. are all over 70%. Next up are Minnesota at 69.4%, Delaware at 69.3%, Colorado at 69.1%, Oregon at 68.9%, Wisconsin at 64.9%, Nebraska at 64.7%, and South Dakota at 63.7%. Click ...