Financial Accounts of the United States - Z.1
L.217 Total Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 16034.6 | 16788.3 | 18068.8 | 19355.1 | 18337.2 | 18761.4 | 19088.6 | 19355.1 | 19452.3 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 11180.3 | 11651.0 | 12549.3 | 13380.5 | 12707.7 | 12988.7 | 13216.7 | 13380.5 | 13430.4 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1622.1 | 1755.3 | 1901.8 | 2066.9 | 1943.1 | 1986.5 | 2026.2 | 2066.9 | 2077.7 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 2964.4 | 3093.4 | 3293.4 | 3558.5 | 3355.9 | 3449.7 | 3502.9 | 3558.5 | 3588.5 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 267.9 | 288.6 | 324.3 | 349.1 | 330.4 | 336.6 | 342.8 | 349.1 | 355.7 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 16034.6 | 16788.3 | 18068.8 | 19355.1 | 18337.2 | 18761.4 | 19088.6 | 19355.1 | 19452.3 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 10832.1 | 11235.0 | 12094.6 | 12884.9 | 12240.0 | 12507.6 | 12725.5 | 12884.9 | 12936.4 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 4978.2 | 5327.2 | 5726.5 | 6205.7 | 5844.1 | 5996.5 | 6098.7 | 6205.7 | 6252.4 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 740.7 | 762.1 | 871.7 | 1027.6 | 904.7 | 961.1 | 994.1 | 1027.6 | 1046.2 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4237.5 | 4565.1 | 4854.8 | 5178.1 | 4939.4 | 5035.4 | 5104.6 | 5178.1 | 5206.1 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 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 | FL123165005 | 224.3 | 226.1 | 247.6 | 264.5 | 253.1 | 257.3 | 264.4 | 264.5 | 263.5 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 16034.6 | 16788.3 | 18068.8 | 19355.1 | 18337.2 | 18761.4 | 19088.6 | 19355.1 | 19452.3 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 82.1 | 80.6 | 86.6 | 84.8 | 86.3 | 85.5 | 85.2 | 84.8 | 84.8 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 36.4 | 44.4 | 53.6 | 66.0 | 56.5 | 59.5 | 62.7 | 66.0 | 69.6 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 50.7 | 53.4 | 57.1 | 60.9 | 58.3 | 59.4 | 60.2 | 60.9 | 61.2 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 123.8 | 127.2 | 133.1 | 168.0 | 134.9 | 138.2 | 143.1 | 168.0 | 169.7 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.5 | 2.3 | 2.0 | 23.2 | 1.9 | 1.8 | 1.8 | 23.2 | 23.0 | 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) | FL313065075 | 105.8 | 108.3 | 111.7 | 116.0 | 112.2 | 113.3 | 114.0 | 116.0 | 117.1 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 15.5 | 16.6 | 19.5 | 28.7 | 20.9 | 23.1 | 27.3 | 28.7 | 29.6 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Federal government; total mortgages held by Federal Financing Bank, Public Housing Administration (PHA), RTC, and VA; asset (3) | FL313065095 | 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 | FL213065005 | 256.5 | 261.4 | 269.0 | 276.6 | 270.9 | 272.8 | 274.7 | 276.6 | 278.5 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5654.9 | 5741.1 | 5952.5 | 6488.0 | 5948.4 | 6163.3 | 6351.0 | 6488.0 | 6520.4 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 4987.4 | 5027.1 | 5172.5 | 5690.2 | 5238.4 | 5420.4 | 5575.9 | 5690.2 | 5725.2 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 80.4 | 81.0 | 91.1 | 105.3 | 94.9 | 99.2 | 102.6 | 105.3 | 105.2 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 22.6 | 22.9 | 21.4 | 21.7 | 21.3 | 21.3 | 21.7 | 21.7 | 21.1 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 564.5 | 610.1 | 667.5 | 670.7 | 593.8 | 622.4 | 650.8 | 670.7 | 668.9 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 22.9 | 24.3 | 27.7 | 30.4 | 29.6 | 30.4 | 30.9 | 30.4 | 30.5 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 619.2 | 644.7 | 690.9 | 757.1 | 712.3 | 731.2 | 743.3 | 757.1 | 768.7 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.2 | 24.4 | 24.8 | 25.1 | 24.8 | 24.9 | 25.0 | 25.1 | 25.2 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 7.9 | 7.1 | 6.9 | 6.4 | 6.7 | 9.2 | 7.3 | 6.4 | 6.3 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 5510.7 | 6142.5 | 6924.1 | 7323.6 | 7110.2 | 7206.0 | 7274.2 | 7323.6 | 7321.9 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3300.0 | 3589.9 | 3899.0 | 4075.6 | 3989.5 | 4039.7 | 4058.7 | 4075.6 | 4072.6 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 1993.3 | 2328.0 | 2789.8 | 3003.0 | 2883.3 | 2925.5 | 2972.6 | 3003.0 | 3005.9 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 139.6 | 154.6 | 171.4 | 179.8 | 173.4 | 176.0 | 178.1 | 179.8 | 178.2 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 72.4 | 62.8 | 55.5 | 56.1 | 55.5 | 55.8 | 56.1 | 56.1 | 56.3 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 5.4 | 7.3 | 8.3 | 9.0 | 8.5 | 8.9 | 8.8 | 9.0 | 8.9 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2406.0 | 2428.3 | 2501.8 | 2687.9 | 2534.8 | 2583.9 | 2637.4 | 2687.9 | 2717.9 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2117.6 | 2103.4 | 2149.2 | 2337.1 | 2182.3 | 2229.4 | 2284.5 | 2337.1 | 2370.0 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 281.0 | 318.7 | 346.7 | 345.1 | 346.6 | 348.6 | 347.1 | 345.1 | 342.1 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 6.4 | 5.3 | 4.7 | 4.6 | 4.7 | 4.7 | 4.6 | 4.6 | 4.5 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.1 | 0.9 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 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) | FL413065035 | 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 | FL673065005 | 849.3 | 833.3 | 889.2 | 900.0 | 903.1 | 913.4 | 916.2 | 900.0 | 912.3 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 117.2 | 110.0 | 104.3 | 101.0 | 102.9 | 102.2 | 101.6 | 101.0 | 100.8 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 273.9 | 265.7 | 347.3 | 379.3 | 357.6 | 381.7 | 375.9 | 379.3 | 384.5 | 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: June 8, 2023