Forbearance Rate Drops to 2-Month Low

Key Highlights Overall forbearance rate of mortgages fell to 7.8%, the lowest rate in over two months, according to Mortgage Bankers Association (MBA) Forbearance rate of mortgages backed by Fannie Mae and Freddie Mac dropped to 3-month low of 5.64%  Things are looking up in the world of forbearance rates. The forbearance rate for mortgages […]

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