Freddie Mac’s delinquency rate for its single-family portfolio is down 26.1% year-over-year, continuing a downward trend over the past year.

This is down 2.3% month-over-month, according to Compass Point Research & Trading.

The April 2014 single-family delinquency rate came in at 2.15%, a drop from 2.20% in March, and significantly down from 2.91% in April 2013.

Meanwhile, multifamily delinquency rates ticked up marginally month-over-month April, rising to .05% from .04% in March. 

(See chart below for a few months of Freddie's numbers. Click image for larger picture.)