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.

• Tax Rate for Q1 2026 came in at 20.24%, up 10.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.15% (up 7.0% YoY), and the FY2025 annual result was 20.12%, down 5.0% from the prior year.
• Tax Rate grew to 20.24% in Q1 2026 per FNMA's latest filing, from 20.02% in the prior quarter.
• Over five years, Tax Rate peaked at 25.73% in Q4 2022 and troughed at 14.97% in Q3 2022.
• A 5-year average of 20.4% and a median of 20.25% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 575 bps in 2022, then surged 593 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 25.73% in 2022, then dropped by 21 bps to 20.44% in 2023, then fell by 1 bps to 20.25% in 2024, then dropped by 1 bps to 20.02% in 2025, then climbed by 1 bps to 20.24% in 2026.
• Business Quant data shows FNMA's Tax Rate at 20.24% in Q1 2026, 20.02% in Q4 2025, and 20.19% in Q3 2025.