Financial Accounts of the United States - Z.1
F.217 Total Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 583.4 | 560.2 | 612.6 | 533.7 | 525.0 | 497.2 | 570.5 | 722.6 | 660.0 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 330.8 | 303.3 | 321.9 | 337.6 | 255.5 | 241.5 | 368.6 | 335.8 | 341.8 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 120.9 | 115.3 | 122.7 | 141.2 | 131.7 | 95.1 | 100.3 | 164.9 | 130.4 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 121.5 | 132.0 | 157.1 | 45.2 | 128.2 | 149.9 | 90.6 | 210.9 | 176.8 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 10.2 | 9.5 | 10.9 | 9.6 | 9.6 | 10.8 | 10.9 | 11.0 | 11.0 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 583.4 | 560.2 | 612.6 | 533.7 | 525.0 | 497.2 | 570.5 | 722.6 | 660.0 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 324.9 | 298.8 | 321.1 | 324.5 | 257.7 | 243.4 | 369.0 | 328.1 | 343.9 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 252.9 | 277.2 | 292.4 | 239.0 | 280.0 | 259.1 | 204.6 | 392.3 | 313.9 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | 39.8 | 56.6 | 48.7 | 46.3 | 34.9 | 56.8 | 33.8 | 63.2 | 41.1 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 213.1 | 220.6 | 243.7 | 192.6 | 245.1 | 202.3 | 170.8 | 329.0 | 272.8 | 10 |
| Federal government; multifamily residential mortgages; liability | FA313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Equity real estate investment trusts; total mortgages; liability | FA123165005 | 5.6 | -15.8 | -1.0 | -29.8 | -12.8 | -5.2 | -3.1 | 2.2 | 2.2 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 583.4 | 560.2 | 612.6 | 533.7 | 525.0 | 497.2 | 570.5 | 722.6 | 660.0 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -10.0 | -12.7 | -11.7 | -12.9 | -12.8 | -11.7 | -12.3 | -11.7 | -11.1 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.4 | 1.3 | 1.4 | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.4 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 3.1 | 3.8 | 3.3 | 2.1 | 6.0 | 3.3 | 2.6 | 3.7 | 3.5 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 0.2 | 3.4 | 0.6 | 3.0 | 4.9 | 3.0 | -13.0 | 11.2 | 1.3 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -1.5 | -0.4 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | 18 |
| Federal government; total mortgages Federal Farmers Home Administration (FmHA), excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FA313065075 | 0.9 | 3.2 | 0.1 | 2.8 | 4.6 | 2.3 | -13.6 | 10.7 | 0.9 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.7 | 0.6 | 0.9 | 0.6 | 0.7 | 1.0 | 0.8 | 0.9 | 0.8 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | 0.1 | -0.1 | -0.0 | -0.0 | -0.1 | -0.0 | 0.0 | -0.1 | -0.1 | 21 |
| Federal government; total mortgages held by Federal Financing Bank, Public Housing Administration (PHA), RTC, and VA; asset (3) | FA313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| State and local governments; total mortgages; asset | FA213065005 | 3.8 | -17.7 | -3.0 | 4.1 | -36.7 | 1.7 | -10.4 | -7.1 | 3.6 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 216.0 | 170.6 | 220.0 | 127.3 | 149.7 | 144.1 | 273.1 | 174.4 | 288.5 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 164.7 | 122.6 | 168.8 | 95.5 | 107.9 | 117.0 | 228.8 | 124.6 | 204.9 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 9.0 | 8.0 | 3.2 | -3.2 | 9.7 | 0.9 | 2.7 | 13.1 | -3.9 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | 0.3 | -1.7 | -1.5 | -1.7 | -1.5 | -1.6 | -1.1 | -2.2 | -1.1 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 42.1 | 41.8 | 49.5 | 36.7 | 33.7 | 27.8 | 42.7 | 38.9 | 88.6 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.4 | 2.7 | 0.7 | 2.9 | 3.3 | 1.4 | 0.4 | -0.3 | 1.2 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 41.2 | 61.4 | 43.7 | 67.0 | 54.9 | 53.9 | 31.2 | 56.3 | 33.4 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | 4.4 | 2.5 | 2.6 | 2.6 | 2.2 | 2.0 | 2.1 | 3.5 | 2.7 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -7.6 | 5.6 | -0.4 | 13.0 | -0.7 | 2.6 | -1.0 | -2.8 | -0.5 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 174.4 | 145.1 | 180.0 | 164.5 | 138.8 | 122.4 | 164.2 | 272.4 | 160.8 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 94.9 | 70.3 | 77.5 | 78.0 | 50.3 | 37.1 | 64.8 | 137.9 | 70.2 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 68.5 | 59.1 | 85.1 | 68.3 | 66.8 | 76.1 | 82.5 | 116.0 | 65.9 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 5.1 | 6.9 | 6.0 | 7.9 | 12.3 | -1.2 | 5.8 | 7.3 | 12.1 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 5.4 | 8.7 | 9.9 | 10.5 | 8.9 | 8.5 | 9.9 | 10.3 | 11.1 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.5 | 0.1 | 1.4 | -0.1 | 0.5 | 1.9 | 1.1 | 1.0 | 1.6 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 193.8 | 165.9 | 114.7 | 157.4 | 182.7 | 114.8 | 108.7 | 95.9 | 139.3 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 146.6 | 128.8 | 75.3 | 126.5 | 130.2 | 86.4 | 78.6 | 46.4 | 89.9 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 49.9 | 40.9 | 39.9 | 31.7 | 54.0 | 28.8 | 30.3 | 49.7 | 51.0 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -1.8 | -3.6 | -0.2 | -0.9 | -0.8 | -0.3 | -0.2 | -0.2 | -0.2 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -1.0 | -0.2 | -0.4 | 0.0 | -0.6 | -0.0 | -0.0 | -0.0 | -1.3 | 43 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Federal Farmers Home Administration (FmHA) pool, excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FA413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 44 |
| Issuers of asset-backed securities; total mortgages; asset | FA673065005 | -33.3 | 17.0 | 8.6 | -5.2 | -30.6 | 4.1 | -18.3 | 85.5 | -36.9 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -14.4 | -8.9 | 2.5 | -18.2 | -8.3 | 14.8 | -4.4 | 2.7 | -3.2 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 7.1 | 20.2 | 49.8 | 24.7 | 70.1 | 39.6 | 46.1 | 37.5 | 76.1 | 47 |
NOTES
- Sum of one-to-four-family residential mortgages (table L.218), multifamily residential mortgages (table L.219), commercial mortgages (table L.220), and farm mortgages (table L.221).
- FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by the Farmers Home Administration.
- Other includes Department of Veterans Affairs, Federal Financing Bank, Public Housing Administration, and Resolution Trust Corporation.
Last Update: March 12, 2020