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Freddie Mac’s Delinquency Rate Below Industry Benchmarks
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You're Now Reading:
Freddie Mac’s Delinquency Rate Below Industry Benchmarks
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Freddie Mac’s Delinquency Rate Below Industry Benchmarks
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December 7 2010 (Jeff Alan)
pastdueimage
According to the most recent MBA National Delinquency Survey, mortgage giant Freddic Mac’s serious delinquency rates were less than half the industry average in the third quarter of 2010.

This was the third consecutive quarter that serious delinquency rates dropped at Freddie Mac although they still remain at significantly elevated levels.

At the end of the third quarter of 2010, 3.8 percent of Freddie Mac loans were seriously delinquent, less than half the industry average of 8.7 percent. Seriously delinquent mortgages are loans that are 90+ days past due or in foreclosure.

Freddie Mac attributes its lower delinquency rates to the fact that it primarily operates in the conforming mortgage market and normally only buys 30 year and 15 year fixed rate mortgages.

Additionally, Freddie Mac is an established industry leader in identifying and addressing delinquencies before they become foreclosures. Since the beginning of 2009, we have helped nearly 370,000 struggling borrowers avoid foreclosure.

While delinquencies are up across the board, the delinquency rate for sub-prime mortgages is more than four times that for prime, conventional fixed-rate mortgages.

Tags: freddie mac, serious delinquency rates, mortgages, loans, mortgage market, sub-prime mortgages, conventional fixed rate mortgages, 30 year fixed, 15 year fixed

delinquentratechart

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ADVANTAGES OF USING
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FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

December 7 2010 (Jeff Alan)
pastdueimage
According to the most recent MBA National Delinquency Survey, mortgage giant Freddic Mac’s serious delinquency rates were less than half the industry average in the third quarter of 2010.

This was the third consecutive quarter that serious delinquency rates dropped at Freddie Mac although they still remain at significantly elevated levels.

At the end of the third quarter of 2010, 3.8 percent of Freddie Mac loans were seriously delinquent, less than half the industry average of 8.7 percent. Seriously delinquent mortgages are loans that are 90+ days past due or in foreclosure.

Freddie Mac attributes its lower delinquency rates to the fact that it primarily operates in the conforming mortgage market and normally only buys 30 year and 15 year fixed rate mortgages.

Additionally, Freddie Mac is an established industry leader in identifying and addressing delinquencies before they become foreclosures. Since the beginning of 2009, we have helped nearly 370,000 struggling borrowers avoid foreclosure.

While delinquencies are up across the board, the delinquency rate for sub-prime mortgages is more than four times that for prime, conventional fixed-rate mortgages.

Tags: freddie mac, serious delinquency rates, mortgages, loans, mortgage market, sub-prime mortgages, conventional fixed rate mortgages, 30 year fixed, 15 year fixed

delinquentratechart

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

December 7 2010 (Jeff Alan)
pastdueimage
According to the most recent MBA National Delinquency Survey, mortgage giant Freddic Mac’s serious delinquency rates were less than half the industry average in the third quarter of 2010.

This was the third consecutive quarter that serious delinquency rates dropped at Freddie Mac although they still remain at significantly elevated levels.

At the end of the third quarter of 2010, 3.8 percent of Freddie Mac loans were seriously delinquent, less than half the industry average of 8.7 percent. Seriously delinquent mortgages are loans that are 90+ days past due or in foreclosure.

Freddie Mac attributes its lower delinquency rates to the fact that it primarily operates in the conforming mortgage market and normally only buys 30 year and 15 year fixed rate mortgages.

Additionally, Freddie Mac is an established industry leader in identifying and addressing delinquencies before they become foreclosures. Since the beginning of 2009, we have helped nearly 370,000 struggling borrowers avoid foreclosure.

While delinquencies are up across the board, the delinquency rate for sub-prime mortgages is more than four times that for prime, conventional fixed-rate mortgages.

Tags: freddie mac, serious delinquency rates, mortgages, loans, mortgage market, sub-prime mortgages, conventional fixed rate mortgages, 30 year fixed, 15 year fixed

delinquentratechart

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.