After reporting a net loss of $354 million that it attributed to low interest rates earlier in the week, Freddie Mac issued the company’s monthly sales volume summary for March 2016 yesterday.

The total mortgage portfolio increased at an annualized rate of 5.2 percent in March, up from 1.8 percent in February, according to the report. Single-family refinance loan purchase and guarantee volume was $14.9 billion, up $4 billion over February 2016. Single-family refinance loan purchase and guarantee comprised 57 percent of total single-family mortgage portfolio purchases or issuances.

Relief refinance mortgages comprised approximately 9 percent of the company’s total single-family refinance volume during March.

Loan modifications were 3,933 in March 2016, up from 3,503 the previous month.

The aggregate unpaid principal balance (UPB) of the mortgage-related investments portfolio decreased by approximately $6.8 billion in March after decreasing $3 billion in February 2016.

Mortgage-related securities and other mortgage-related guarantees increased at an annualized rate of 8.5 percent in March, up 4 percent from February 2016.

Freddie’s single-family serious delinquency rate decreased from 1.26 percent in February to 1.20 percent in March. In January 2016 it was 1.33 percent. The company’s multifamily delinquency rate remained flat at 0.04 percent where it has been all year.

The full report can be found here.