seven billion, priily loan commitments and you will beneficial spreads. Complete year borrowing-associated expenses , which had been due primarily to the production of pandemic-relevant conditions this current year and benefit from good sixteen.8% increase in home values inside 2021.
Freddie Mac’s home loan portfolio became because of the 18% year-over-season to help you $step three.dos trillion in the prevent 2021. That it raise are priily home loan profile and a good eight% boost in the multifamily financial profile.
Turning to brand new fourth one-fourth out of 2021, i said net gain out-of $2.7 million, off six% in the last quarter last year and full earnings out-of $dos.seven mil, up 8% regarding the exact installment loan agency Portland CO same several months just last year. The latest lowering of net income are mainly determined of the a credit expenses it one-fourth weighed against brand new set aside discharge on fourth one-fourth off 2020.