Forbearance rate drops to 6.81%, MBA says

Oct 5, 2020 |

The U.S. forbearance rate measuring the share of mortgages with suspended payments fell to 6.81% in the last week of September, the lowest since mid-April, according to the Mortgage Banker Association. The rate dropped from 6.87% in the prior week, MBA said in a report on Monday. The forbearance rate for Fannie Mae and Freddie […more]

Posted in: San Francisco

Comments are closed.