The U.S. forbearance rate measuring the share of mortgages with suspended payments fell 16 basis points to 5.67% last week, with four of the five loan types dropping by double-digit basis points, according to the Mortgage Bankers Association. The share of Fannie Mae and Freddie Mac loans in forbearance fell 17 basis points last week to 3.49% – marking the 22nd week […more]
Posted in: San Francisco
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