Federal Home Loan Mortgage (FMCC) Interest Expenses (2010 - 2026)
Federal Home Loan Mortgage's Interest Expenses was $28.27 billion in Q2 2026, up 5.7% from $26.75 billion a year earlier and up 0.8% from the prior quarter.
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Analysis
Federal Home Loan Mortgage (FMCC) Interest Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Federal Home Loan Mortgage's Interest Expenses was $111.7 billion through Jun 30, 2026, up 8.0% year-over-year; for FY2025, it came in at $108.42 billion, up 10.5% from FY2024.
- Interest Expenses has now increased for four consecutive years, with a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $98.14 billion in FY2024 (+13.0%), $86.82 billion in FY2023 (+32.6%), $65.45 billion in FY2022 (+48.9%) and $43.95 billion in FY2021 (-11.3%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q2 2010.
- Compared with a year earlier, Interest Expenses has increased for 19 straight quarters, with growth averaging 9.7% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2022 (growth of 62.3%); the worst was Q3 2021 (a decline of 0.2%).
- Per Business Quant data, FMCC's Interest Expenses in the three quarters before Q2 2026 was $28.03 billion (Q1 2026), $27.89 billion (Q4 2025) and $27.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.18 Bn | 9.90 Bn | 4.68 Bn | 281.69 Mn |
| 2 | Rocket Companies | 30.87 Bn | 16.55 Bn | - | 374.00 Mn |
| 3 | Affirm Holdings | 26.11 Bn | 19.80 Bn | - | 118.51 Mn |
| 4 | Royalty Pharma | 25.20 Bn | 22.16 Bn | - | 93.62 Mn |
| 5 | Synchrony Financial | 24.32 Bn | -43.65 Bn | - | 975.00 Mn |
| 6 | Federal National Mortgage Association Fannie Mae | 20.83 Bn | 20.83 Bn | - | 33.32 Bn |
| 7 | Royal Gold | 19.70 Bn | 18.88 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Ares Capital | 13.30 Bn | 10.74 Bn | - | 214.00 Mn |
| 9 | Annaly Capital Management | 13.26 Bn | 4.30 Bn | - | 1.32 Bn |
| 10 | Federal Home Loan Mortgage | 10.54 Bn | -8.20 Bn | - | 28.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.27 Bn |
| Mar 31, 2026 | 28.03 Bn |
| Dec 31, 2025 | 27.89 Bn |
| Sep 30, 2025 | 27.52 Bn |
| Jun 30, 2025 | 26.75 Bn |
| Mar 31, 2025 | 26.26 Bn |
| Dec 31, 2024 | 25.57 Bn |
| Sep 30, 2024 | 24.81 Bn |
| Jun 30, 2024 | 24.14 Bn |
| Mar 31, 2024 | 23.63 Bn |
| Dec 31, 2023 | 23.05 Bn |
| Sep 30, 2023 | 22.05 Bn |
| Jun 30, 2023 | 21.23 Bn |
| Mar 31, 2023 | 20.49 Bn |
| Dec 31, 2022 | 19.23 Bn |
| Sep 30, 2022 | 17.34 Bn |
| Jun 30, 2022 | 15.25 Bn |
| Mar 31, 2022 | 13.64 Bn |
| Dec 31, 2021 | 11.85 Bn |
| Sep 30, 2021 | 11.37 Bn |
API Access
Federal Home Loan Mortgage Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=FMCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "FMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=FMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();