As of August 2021, the forbearance rate of single-family housing mortgages owned by Freddie Mac in the U.S. was approximately 2.09 percent. Forbearance is a type of borrower assistance which allows the lender to negotiate a temporary postponement of a mortgage repayment. It allows a payment period relief in lieu of the creditor foreclosing on any property that was used as collateral for the loan.
Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan
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Freddie Mac. (September 8, 2021). Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/
Freddie Mac. "Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan." Chart. September 8, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/
Freddie Mac. (2021). Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/
Freddie Mac. "Forbearance Rate of Freddie Mac Single-family Housing Mortgages in The United States as of August 2021, by Type of Loan." Statista, Statista Inc., 8 Sep 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/
Freddie Mac, Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/ (last visited November 10, 2024)
Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by type of loan [Graph], Freddie Mac, September 8, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1200707/mortgage-forbearance-rate-united-states-usa-by-loan-type/