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Freddie Mac 2020 Portfolio Growth Doubles 2019's

Monday, February 1, 2021

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 22.4 percent in December compared to a 29.5 percent gain in November. The portfolio balance at the end of the period was $2.740 trillion compared to $2.689 trillion the prior month and $2.301 trillion a year earlier. The growth rate for 2020 was 17.6 percent, up from 6.8 percent for all of 2019. Purchases and Issuances totaled $129.639 billion and Sales were ($1.330) billion. The November numbers were $155.291 billion and ($4.080) billion, respectively.

 

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