Monthly
This dataset tracks monthly over time.
Latest Value
133.01
Year-over-Year Change
-2.52%
Date Range
1/1/1992 - 6/1/2025
Summary
The 'Monthly' economic trend measures the total value of outstanding mortgage-backed securities (MBS) issued by Fannie Mae, Freddie Mac, and Ginnie Mae. This metric is a key indicator of activity and liquidity in the U.S. mortgage-backed securities market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Monthly' trend represents the total dollar amount of mortgage-backed securities that have been issued and are currently outstanding. Economists and policymakers use this data to assess the overall size and health of the MBS market, which is a critical part of the U.S. housing finance system.
Methodology
The Federal Reserve collects this data directly from Fannie Mae, Freddie Mac, and Ginnie Mae.
Historical Context
Changes in the 'Monthly' trend can signal shifts in mortgage origination, refinancing activity, and broader conditions in U.S. housing and credit markets.
Key Facts
- The total value of outstanding MBS hit a record high of $8.3 trillion in 2021.
- Ginnie Mae-issued MBS account for about 30% of the total market.
- The 'Monthly' trend rebounded sharply after dipping during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total outstanding value of mortgage-backed securities (MBS) issued by Fannie Mae, Freddie Mac, and Ginnie Mae.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and activity of the critical U.S. mortgage-backed securities market, which is a key driver of housing finance and broader economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from the government-sponsored enterprises (GSEs) that issue MBS.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor changes in the 'Monthly' trend to assess mortgage market liquidity, housing sector health, and potential risks to financial stability.
Q: Are there update delays or limitations?
A: The 'Monthly' data is published with a short lag, typically 1-2 months after the reference period.
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Citation
U.S. Federal Reserve, Monthly (PFANDBINDEXM), retrieved from FRED.