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 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 16788.2 | 18317.7 | 19599.4 | 18584.8 | 19006.8 | 19330.2 | 19599.4 | 19742.3 | 19900.3 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 11650.9 | 12786.3 | 13610.4 | 12941.4 | 13219.6 | 13445.7 | 13610.4 | 13671.4 | 13766.8 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1755.3 | 1912.3 | 2078 | 1954 | 1997.7 | 2036.1 | 2078 | 2110.4 | 2139.3 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3093.4 | 3294.8 | 3561.9 | 3359 | 3452.8 | 3505.6 | 3561.9 | 3604.7 | 3631.8 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 288.6 | 324.3 | 349.1 | 330.4 | 336.6 | 342.8 | 349.1 | 355.7 | 362.4 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 16788.2 | 18317.7 | 19599.4 | 18584.8 | 19006.8 | 19330.2 | 19599.4 | 19742.3 | 19900.3 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 11235 | 12331.7 | 13114.8 | 12473.7 | 12738.5 | 12954.5 | 13114.8 | 13176.4 | 13272.9 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5327.1 | 5738.4 | 6220.2 | 5858 | 6011.3 | 6111.6 | 6220.2 | 6301.8 | 6366.9 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 762 | 883.6 | 1042.1 | 918.6 | 975.9 | 1007 | 1042.1 | 1063.6 | 1079.9 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4565.1 | 4854.8 | 5178.1 | 4939.5 | 5035.4 | 5104.6 | 5178.1 | 5238.1 | 5287.1 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Equity real estate investment trusts; total mortgages; liability | FL123165005 | 226.1 | 247.6 | 264.4 | 253.1 | 256.9 | 264.1 | 264.4 | 264.1 | 260.5 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 16788.2 | 18317.7 | 19599.4 | 18584.8 | 19006.8 | 19330.2 | 19599.4 | 19742.3 | 19900.3 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 80.6 | 86.6 | 84.8 | 86.3 | 85.5 | 85.2 | 84.8 | 84.8 | 83.7 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 44.4 | 53.6 | 66 | 56.5 | 59.5 | 62.7 | 66 | 69.6 | 73.3 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 53.4 | 57.1 | 60.9 | 58.3 | 59.4 | 60.2 | 60.9 | 61.2 | 61.7 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 127.1 | 133.1 | 168 | 134.9 | 138.2 | 143.1 | 168 | 169.7 | 170.7 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.3 | 2 | 23.2 | 1.9 | 1.8 | 1.8 | 23.2 | 23 | 22.3 | 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) | FL313065075 | 108.3 | 111.7 | 116 | 112.2 | 113.3 | 114 | 116 | 117.1 | 117.9 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 16.6 | 19.5 | 28.7 | 20.9 | 23.1 | 27.3 | 28.7 | 29.6 | 30.5 | 20 |
| 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 | 21 |
| State and local governments; total mortgages; asset | FL213065005 | 261.4 | 269 | 276.6 | 270.9 | 272.8 | 274.7 | 276.6 | 278.5 | 280.5 | 22 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5741.1 | 5952.5 | 6488 | 5948.4 | 6163.3 | 6351 | 6488 | 6566.8 | 6631.1 | 23 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5027.1 | 5172.5 | 5690.2 | 5238.4 | 5420.4 | 5575.9 | 5690.2 | 5759.3 | 5808.9 | 24 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 81 | 91.1 | 105.3 | 94.9 | 99.2 | 102.6 | 105.3 | 105.2 | 107.1 | 25 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 22.9 | 21.4 | 21.7 | 21.3 | 21.3 | 21.7 | 21.7 | 21.1 | 21 | 26 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 610.1 | 667.5 | 670.7 | 593.8 | 622.4 | 650.8 | 670.7 | 681.2 | 694 | 27 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 24.3 | 27.7 | 30.4 | 29.6 | 30.4 | 30.9 | 30.4 | 30.5 | 31.8 | 28 |
| Life insurance companies; total mortgages; asset | FL543065005 | 644.7 | 690.9 | 757.1 | 712.3 | 731.2 | 743.3 | 757.1 | 768.7 | 782 | 29 |
| Private pension funds; total mortgages; asset | FL573065005 | 24.3 | 25.5 | 26.3 | 25.6 | 25.8 | 26 | 26.3 | 26.4 | 26.8 | 30 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 7.1 | 6.8 | 9.8 | 6.7 | 9.5 | 7.5 | 9.8 | 11.3 | 12.5 | 31 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 6142.5 | 6924.1 | 7323.6 | 7110.2 | 7206 | 7274.2 | 7323.6 | 7321.9 | 7356.2 | 32 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3589.9 | 3899 | 4075.6 | 3989.5 | 4039.7 | 4058.7 | 4075.6 | 4072.6 | 4084.5 | 33 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 2328 | 2789.8 | 3003 | 2883.3 | 2925.5 | 2972.6 | 3003 | 3005.9 | 3025.3 | 34 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 154.6 | 171.4 | 179.8 | 173.4 | 176 | 178.1 | 179.8 | 178.2 | 179.5 | 35 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 62.8 | 55.5 | 56.1 | 55.5 | 55.8 | 56.1 | 56.1 | 56.3 | 57.7 | 36 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 7.3 | 8.3 | 9 | 8.5 | 8.9 | 8.8 | 9 | 8.9 | 9.1 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2428.3 | 2501.8 | 2687.9 | 2534.8 | 2583.9 | 2637.4 | 2687.9 | 2717.9 | 2765 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2103.4 | 2149.2 | 2337.1 | 2182.3 | 2229.4 | 2284.5 | 2337.1 | 2370 | 2418.2 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 318.7 | 346.7 | 345.1 | 346.6 | 348.6 | 347.1 | 345.1 | 342.1 | 340.5 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 5.3 | 4.7 | 4.6 | 4.7 | 4.7 | 4.6 | 4.6 | 4.5 | 4.5 | 41 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 0.9 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.8 | 42 |
| 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 | 43 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 833.3 | 889.2 | 900 | 903.1 | 913.4 | 916.2 | 900 | 912.3 | 912.6 | 44 |
| Finance companies; total mortgages; asset | FL613065000 | 110 | 352.6 | 341.1 | 349.6 | 346.4 | 342.2 | 341.1 | 338.2 | 336.4 | 45 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 265.7 | 347.3 | 379 | 357.6 | 381.6 | 375.7 | 379 | 384.5 | 376.1 | 46 |
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: September 11, 2023