Freddie Mac compiles statistics quarterly on loans in our retained portfolio that have been refinanced.
The quarterly refinance statistics analysis uses a sample of properties where Freddie Mac has funded two successive conventional, first-mortgage loans, and the latest loan is for refinance rather than for purchase. The analysis does not track the use of funds made available from these refinances. The analysis also does not track loans paid off in entirety, with no new loan placed. Some loan products, such as 1-year adjustable-rate mortgages (ARMs) and balloons, are based on a small number of transactions.
Opinions, estimates, forecasts, and other views contained in this document are those of Freddie Mac's Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, and should not be construed as indicating Freddie Mac's business prospects or expected results. Although the Economic & Housing Research group attempts to provide reliable, useful information, it does not guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. All content is provided on an “as is” basis, with no warranties of any kind whatsoever. Information from this document may be used with proper attribution. Alteration of this document or its content is strictly prohibited. ©2021 by Freddie Mac.
Research Note | FEB 8, 2021
During the COVID-19 crisis, mortgage forbearance plans have played an important role in helping households manage their finances by providing short-term liquidity to mortgage borrowers. Mortgage forbearance plans temporarily remove the obligation of borrowers to make their monthly mortgage payment.
Read MoreMortgage Forbearance and Performance during the Early Months of the COVID-19 Pandemic
Sign up to receive the latest news, tips, and insights from Freddie Mac.
Send your questions and comments about Freddie Mac's research to our economists.
Get the latest views from Freddie Mac's leaders.