12/16/2025
Fannie Mae and Freddie Mac have sharply increased their mortgage-backed securities holdings, a move that could help push mortgage rates lower.
Since May, the two have added more than $55 billion in mortgage balances, up over 30%, bringing combined holdings to $234 billion, the highest level in four years. Analysts told Bloomberg the total could grow by another $100 billion next year.
Officials have offered no explanation, fueling speculation the buildup could be tied to a potential public stock offering or an effort to help lower mortgage rates.