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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 892.2 | 899.1 | 1095.7 | 1112.6 | 886.3 | 501.8 | 372 | 390.1 | 342.2 | 1 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; liability | FA153165105 | 819.9 | 837.7 | 1023 | 1038.8 | 825.4 | 463.6 | 348.4 | 368.5 | 322.9 | 2 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; liability | FA103165105 | 2.1 | 3.4 | 3.7 | 3.8 | 4.4 | 1.7 | 0.5 | -2.4 | -2.3 | 3 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; liability | FA113165105 | 70.2 | 58 | 69 | 70 | 56.6 | 36.5 | 23.1 | 24.1 | 21.6 | 4 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 892.2 | 899.1 | 1095.7 | 1112.6 | 886.3 | 501.8 | 372 | 390.1 | 342.2 | 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 | 5.8 | 7.5 | 7 | 7.2 | 7.6 | 8.1 | 9 | 9 | 9.5 | 7 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; asset | FA113065103 | -0.6 | 1.4 | 1.7 | 1.7 | 1.1 | 1.1 | 0.4 | 0.7 | 0.2 | 8 |
| Federal government; one-to-four-family residential mortgages; asset | FA313065105 | 2.2 | 9 | 4.8 | 8.5 | 16.3 | 6.4 | 3 | 1.2 | 3 | 9 |
| State and local governments; one-to-four-family residential mortgages; asset | FA213065103 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.7 | 3.7 | 3.8 | 4 | 10 |
| U.S.-chartered depository institutions; one-to-four-family residential mortgages, including farm houses; asset | FA763065105 | 25.8 | 248 | 91.3 | 384.9 | 318.4 | 197.1 | 116.5 | 33.1 | 88.9 | 11 |
| Foreign banking offices in the U.S.; one-to-four-family residential mortgages; asset | FA753065103 | -0 | -0.3 | -0.4 | 0 | -0.3 | -0.5 | -0.1 | -0.3 | -0.4 | 12 |
| Banks in U.S.-affiliated areas; one-to-four-family residential mortgages; asset | FA743065103 | -1.5 | -0.6 | -1.2 | -0.8 | -0.4 | 0.1 | -1.6 | -0 | 0.6 | 13 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 57.5 | 89.3 | 65.6 | 109.8 | 114.2 | 67.8 | 59.1 | 51.9 | 71.1 | 14 |
| Life insurance companies; one-to-four-family residential mortgages, including farm houses; asset | FA543065105 | 10.7 | 15.4 | 16.8 | 16.7 | 13 | 15.2 | 3.8 | 3.8 | 4.6 | 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 | -0.1 | -0.1 | -0.2 | -0.2 | 1.1 | -1.1 | 1.5 | -0.2 | 0.3 | 17 |
| Government-sponsored enterprises; one-to-four-family residential mortgages; asset | FA403065105 | 738.9 | 349.3 | 773.1 | 384.1 | 206.8 | 33.3 | 36.5 | 101.3 | 82 | 18 |
| Agency-and GSE-backed mortgage pools; one-to-four-family residential mortgages; asset | FA413065105 | 35.4 | 178.3 | 140.5 | 188.2 | 205.9 | 178.4 | 142.9 | 186.8 | 70 | 19 |
| Issuers of asset-backed securities; one-to-four-family residential mortgages; asset | FA673065105 | 3.8 | 12.8 | 27.8 | 21.9 | 15.2 | -13.9 | 14.8 | 7.9 | 12.9 | 20 |
| Finance companies; one-to-four-family residential mortgages; asset | FA613065105 | -12 | -9.9 | -24.9 | -10.8 | -7.3 | 3.6 | -19 | -1.3 | -6.5 | 21 |
| Mortgage real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065173 | 26.5 | -1 | -6.3 | 1.6 | -5.3 | 6 | 5.2 | -3.9 | 5.5 | 22 |
| All sectors; one-to-four-family residential mortgage charge-offs (2) | FV893065153 | 4.6 | 3.6 | 0.8 | 1 | 0.9 | 0.9 | 0.9 | 0.8 | 1.8 | 23 |
| All sectors; home equity loans; asset (3) | FA893065125 | -44.1 | 32.3 | -37.5 | 61.7 | 56.5 | 48.4 | 11.1 | 35.5 | 46.4 | 24 |
| U.S.-chartered depository institutions; home equity loans; asset | FA763065125 | -41 | 12.7 | -17.3 | 27.3 | 23.3 | 17.6 | -7 | 4.6 | 10.8 | 25 |
| Foreign banking offices in the U.S.; home-equity lines of credit; asset | FA753065203 | -0 | -0 | -0 | 0 | -0.1 | -0 | 0 | -0 | -0 | 26 |
| Credit unions; home equity loans; asset | FA473065125 | 0.2 | 22.5 | -15.3 | 37.5 | 36.3 | 31.6 | 19.3 | 28.5 | 35.6 | 27 |
| Issuers of asset-backed securities; home equity loans; asset | FA673065123 | -0.9 | -1 | -1.7 | -0.5 | -1.1 | -0.7 | 0.8 | 3.1 | 1.9 | 28 |
| Finance companies; home equity loans; asset | FA613065123 | -2.4 | -2 | -3.2 | -2.7 | -1.8 | -0.2 | -2 | -0.7 | -1.8 | 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: December 7, 2023