As of August 2021, the forbearance rate of single-family housing mortgages for investment purposes in the United States was 2.63 percent. Second home mortgages were least affected with 1.1 percent forbearance rate. 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 occupancy
Characteristic
Forbearance rate
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Freddie Mac. (September 8, 2021). Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by occupancy [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/
Freddie Mac. "Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by occupancy." Chart. September 8, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/
Freddie Mac. (2021). Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by occupancy. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/
Freddie Mac. "Forbearance Rate of Freddie Mac Single-family Housing Mortgages in The United States as of August 2021, by Occupancy." Statista, Statista Inc., 8 Sep 2021, https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/
Freddie Mac, Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by occupancy Statista, https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/ (last visited August 25, 2024)
Forbearance rate of Freddie Mac single-family housing mortgages in the United States as of August 2021, by occupancy [Graph], Freddie Mac, September 8, 2021. [Online]. Available: https://www.statista.com/statistics/1200722/mortgage-forbearance-rate-united-states-usa-by-occupancy/