Key facts
- Freddie Mac's single-family serious delinquency rate was 0.59% in April, down from 0.60% in March.
- Fannie Mae's single-family serious delinquency rate was 0.57% in April, down from 0.58% in March.
- Both rates are up year-over-year from April 2025.
- Mortgages in forbearance are counted as delinquent but not reported to credit bureaus.
While overall single-family delinquency rates are generally low, they have been slowly increasing. This report from Fannie Mae and Freddie Mac provides insight into the health of the mortgage market, with a focus on serious delinquencies, which are loans three or more months past due or in foreclosure. The data is closely watched as an indicator of housing market stability and potential economic stress.