Forbearance rate of housing loans the U.S. 2021, by loan purpose

Published by Statista Research Department, Jun 5, 2024

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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Release date

September 2021

Region

United States

Survey time period

August 2021

Special properties

housing loans owned by Freddie Mac.

Supplementary notes

Freddie Mac is a public government-sponsored enterprise which buys mortgages on the secondary market and sells them as mortgage-backed securities.

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