| Net Interest Income |
The table below presents the components of net interest income per our condensed consolidated statements of incomeTable 10.1 - Components of Net Interest Income | | | | | | | | | | | | | | | | | | | | | | (In millions) | | 3Q 2025 | 3Q 2024 | 3Q 2024 | YTD 2025 | YTD 2024 | | Interest income | | | | | | | | Mortgage loans | | $30,802 | | $27,640 | | | $90,098 | | $80,690 | | | Investment securities | | 932 | | 510 | | | 2,397 | | 1,464 | | | Securities purchased under agreements to resell | | 1,136 | | 1,511 | | | 3,562 | | 4,636 | | | Other | | 105 | | 148 | | | 331 | | 468 | | | Total interest income | | 32,975 | | 29,809 | | | 96,388 | | 87,258 | | | Interest expense | | | | | | | | Debt of consolidated trusts | | (25,072) | | (22,330) | | | (73,623) | | (65,086) | | | Debt of Freddie Mac: | | | | | | | | Short-term debt | | (382) | | (205) | | | (818) | | (721) | | | Long-term debt | | (2,066) | | (2,275) | | | (6,091) | | (6,765) | | | Total interest expense | | (27,520) | | (24,810) | | | (80,532) | | (72,572) | | | Net interest income | | 5,455 | | 4,999 | | | 15,856 | | 14,686 | | | (Provision) benefit for credit losses | | (175) | | 191 | | | (1,238) | | (384) | | | Net interest income after (provision) benefit for credit losses | | $5,280 | | $5,190 | | | $14,618 | | $14,302 | |
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