Financial Accounts of the United States - Z.1
F.218 One-to-four-family Residential Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 299.3 | 479.4 | 902.8 | 899.5 | 1101.8 | 1120.6 | 882.9 | 492.8 | 325.3 | 1 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; liability | FA153165105 | 287.5 | 394.4 | 846.4 | 838.1 | 1029.1 | 1046.8 | 821.9 | 454.6 | 305.7 | 2 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; liability | FA103165105 | 0.2 | -0.5 | 2.1 | 3.4 | 3.7 | 3.8 | 4.4 | 1.7 | 0.5 | 3 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; liability | FA113165105 | 11.6 | 85.5 | 54.3 | 58.0 | 69.0 | 70.0 | 56.6 | 36.5 | 19.1 | 4 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 299.3 | 479.4 | 902.8 | 899.5 | 1101.8 | 1120.6 | 882.9 | 492.8 | 325.3 | 5 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; asset | FA153065103 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | 6 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; asset | FA103065105 | 1.3 | 4.8 | 5.5 | 7.4 | 6.9 | 7.2 | 7.6 | 8.0 | 8.5 | 7 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; asset | FA113065103 | 0.6 | 0.9 | 1.4 | 1.4 | 1.7 | 1.7 | 1.1 | 1.1 | 0.4 | 8 |
| Federal government; one-to-four-family residential mortgages; asset | FA313065105 | 0.0 | 1.2 | 2.2 | 9.0 | 4.8 | 8.5 | 16.3 | 6.4 | 3.0 | 9 |
| State and local governments; one-to-four-family residential mortgages; asset | FA213065103 | -0.9 | 1.8 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.7 | 3.7 | 10 |
| U.S.-chartered depository institutions; one-to-four-family residential mortgages, including farm houses; asset | FA763065105 | 54.5 | -55.4 | 25.8 | 246.4 | 89.9 | 383.4 | 316.9 | 195.5 | 113.5 | 11 |
| Foreign banking offices in the U.S.; one-to-four-family residential mortgages; asset | FA753065103 | -0.2 | -0.2 | -0.0 | -0.3 | -0.4 | 0.0 | -0.3 | -0.5 | -0.1 | 12 |
| Banks in U.S.-affiliated areas; one-to-four-family residential mortgages; asset | FA743065103 | -0.9 | 0.3 | -1.5 | -0.6 | -1.2 | -0.8 | -0.4 | 0.1 | -1.6 | 13 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 41.6 | 45.6 | 57.5 | 89.3 | 65.6 | 109.8 | 114.2 | 67.8 | 10.1 | 14 |
| Life insurance companies; one-to-four-family residential mortgages, including farm houses; asset | FA543065105 | 6.3 | 0.7 | 10.9 | 15.2 | 16.6 | 16.5 | 12.8 | 15.0 | 3.4 | 15 |
| Private pension funds; one-to-four-family residential mortgages; asset | FA573065103 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | 16 |
| State and local government employee defined benefit retirement funds; one-to-four-family residential mortgages; asset | FA223065143 | -0.5 | -0.3 | -0.1 | -0.2 | -0.3 | 3.7 | -2.7 | -1.3 | -0.2 | 17 |
| Government-sponsored enterprises; one-to-four-family residential mortgages; asset | FA403065105 | 135.2 | 560.3 | 738.9 | 343.8 | 767.6 | 378.5 | 201.2 | 27.7 | 33.4 | 18 |
| Agency-and GSE-backed mortgage pools; one-to-four-family residential mortgages; asset | FA413065105 | 76.0 | -15.8 | 35.4 | 178.3 | 140.5 | 188.2 | 205.9 | 178.4 | 142.9 | 19 |
| Issuers of asset-backed securities; one-to-four-family residential mortgages; asset | FA673065105 | -11.9 | -29.6 | 3.8 | 12.8 | 27.8 | 21.9 | 15.2 | -13.9 | 14.8 | 20 |
| Finance companies; one-to-four-family residential mortgages; asset | FA613065105 | -1.7 | -8.2 | -3.6 | -1.5 | -11.5 | 0.5 | 0.4 | 4.4 | -10.7 | 21 |
| Real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065105 | 3.3 | -23.2 | 26.7 | -1.5 | -6.2 | 1.5 | -5.3 | 3.9 | 7.8 | 22 |
| All sectors; one-to-four-family residential mortgage charge-offs (2) | FV893065153 | 15.7 | 8.7 | 4.5 | 3.5 | 0.8 | 0.9 | 0.9 | 0.9 | 0.8 | 23 |
| All sectors; home equity loans; asset (3) | FA893065125 | -30.5 | -58.4 | -42.4 | 34.0 | -34.8 | 64.0 | 58.1 | 48.6 | 13.8 | 24 |
| U.S.-chartered depository institutions; home equity loans; asset | FA763065125 | -35.2 | -48.0 | -41.0 | 12.7 | -17.3 | 27.3 | 23.3 | 17.6 | -7.1 | 25 |
| Foreign banking offices in the U.S.; home-equity lines of credit; asset | FA753065203 | 0.1 | -0.2 | -0.0 | -0.0 | -0.0 | 0.0 | -0.1 | -0.0 | 0.0 | 26 |
| Credit unions; home equity loans; asset | FA473065125 | 3.5 | -7.0 | 0.2 | 22.5 | -15.3 | 37.5 | 36.3 | 31.6 | 20.5 | 27 |
| Issuers of asset-backed securities; home equity loans; asset | FA673065123 | 1.5 | -1.5 | -0.9 | -1.0 | -1.7 | -0.5 | -1.1 | -0.7 | 0.8 | 28 |
| Finance companies; home equity loans; asset | FA613065123 | -0.3 | -1.6 | -0.7 | -0.3 | -0.5 | -0.4 | -0.3 | -0.0 | -0.3 | 29 |
NOTES
- Mortgages on 1-4 family properties including mortgages on farm houses.
- Charge-offs are excluded from transactions (line 1) and are accounted for as other changes in volume. Quarterly figures are shown at an unadjusted quarterly rate. Data begin 2007:Q1.
- Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals. Home equity loans held by U.S.-chartered depository institutions exclude charge-offs.
Last Update: June 8, 2023