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
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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 occupancy [Graph]. In Statista. Retrieved November 07, 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 November 07, 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: November 07, 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 November 07, 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/
