A recent survey of Forbearance and Call Volume conducted by the Mortgage Bankers Association showed that the current mortgage rate has dropped by six percent from 2.21% of last year’s employment. Last week it rose 2.15% from May 24, 2021. It is estimated that 1.1 million households plan to suffer.

The debt share of Fannie Mae and Freddie Mac fell by 3 points to 0.97%. Ginnie Mae lending rates are down by 7 points to 2.65%, while the share of tolerance for business loans and personal interest is down by 8 points to 5.13%. Independent Mortgage Forbearance Services (IMB) non-performing loans have dropped by six percent compared to the previous week to 2.43%, while the proportion of non-performing loans for banking services has decreased by four percentage points by 2.07%.

“For the first time since March 2020, the share of loans to Fannie Mae and Freddie Mac has dropped by less than 1 percent. And portfolio / PLS loans.,” It said. Mike. Fratantoni, Senior Vice President of MBA and Senior Economist. With most borrowers reaching the end of 18 months of tolerance, we look forward to leaving soon in November. “

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