Federal Home Loan Mortgage (FMCC) Net Margin (2010 - 2026)

Federal Home Loan Mortgage (FMCC) has 17 years of Net Margin data on file, last reported at 0.33% in Q1 2026.

• On a quarterly basis, Net Margin rose 91.0% year-over-year to 0.33% in Q1 2026; TTM through Mar 2026 was 0.1%, a 12.0% increase from a year earlier, with the FY2025 full-year figure at 0.34%, down 36.0% from the prior year.
• Net Margin for Q1 2026 stood at 0.33%, up from 0.12% in the prior quarter.
• Over the last five years, Net Margin for FMCC reached as high as 3.49% in Q3 2022 and fell as low as 2.74% in Q4 2023.
• Historically, Net Margin has averaged 0.12% across 5 years, with a median of 0.12% in 2025.
• Across the five-year window, Net Margin sank 532 bps in 2022 and jumped 332 bps in 2024, its largest moves.
• Year by year, Net Margin stood at 0.52% in 2022, then slumped by 429 bps to 2.74% in 2023, then jumped by 121 bps to 0.58% in 2024, then slumped by 121 bps to 0.12% in 2025, then soared by 369 bps to 0.33% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 0.33% in Q1 2026, 0.12% in Q4 2025, and 0.28% in Q3 2025.