Federal National Mortgage Association Fannie Mae (FNMA) Tax Rate (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMA) has 17 years of Tax Rate data on file, last reported at 20.24% in Q1 2026.

• On a quarterly basis, Tax Rate rose 10.0% year-over-year to 20.24% in Q1 2026; TTM through Mar 2026 was 20.15%, a 7.0% increase from a year earlier, with the FY2025 full-year figure at 20.12%, down 5.0% from the prior year.
• Tax Rate for Q1 2026 stood at 20.24%, up from 20.02% in the prior quarter.
• Over the last five years, Tax Rate for FNMA reached as high as 25.73% in Q4 2022 and fell as low as 14.97% in Q3 2022.
• Historically, Tax Rate has averaged 20.4% across 5 years, with a median of 20.25% in 2024.
• Across the five-year window, Tax Rate slumped 575 bps in 2022 and soared 593 bps in 2023, its largest moves.
• Year by year, Tax Rate stood at 25.73% in 2022, then retreated by 21 bps to 20.44% in 2023, then slipped by 1 bps to 20.25% in 2024, then retreated by 1 bps to 20.02% in 2025, then rose by 1 bps to 20.24% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 20.24% in Q1 2026, 20.02% in Q4 2025, and 20.19% in Q3 2025.