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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 18312.2 | 19585.3 | 18577.5 | 18995.3 | 19319.7 | 19585.3 | 19727.1 | 19884.7 | 20033.5 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 12784.1 | 13614.9 | 12941 | 13220 | 13448.9 | 13614.9 | 13676.5 | 13774.1 | 13863.5 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1910.4 | 2075 | 1952.1 | 1995.8 | 2034.9 | 2075 | 2107.4 | 2135.8 | 2163.5 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3293.3 | 3560.6 | 3357.5 | 3450 | 3503.8 | 3560.6 | 3603.5 | 3630 | 3656.5 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 324.4 | 334.8 | 327 | 329.6 | 332.2 | 334.8 | 339.8 | 344.8 | 349.9 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 18312.2 | 19585.3 | 18577.5 | 18995.3 | 19319.7 | 19585.3 | 19727.1 | 19884.7 | 20033.5 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 12313.6 | 13103.4 | 12457.4 | 12723 | 12941.8 | 13103.4 | 13165.6 | 13264.3 | 13355.6 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5998.6 | 6482 | 6120.1 | 6272.2 | 6377.9 | 6482 | 6561.5 | 6620.4 | 6677.9 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 1094.2 | 1265.7 | 1134.1 | 1193.2 | 1232.5 | 1265.7 | 1286.3 | 1297.4 | 1311.6 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4904.4 | 5216.3 | 4986 | 5079.1 | 5145.4 | 5216.3 | 5275.2 | 5323 | 5366.3 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| All sectors; total mortgages; asset | FL893065005 | 18312.2 | 19585.3 | 18577.5 | 18995.3 | 19319.7 | 19585.3 | 19727.1 | 19884.7 | 20033.5 | 12 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 86.6 | 77.7 | 84.5 | 82 | 79.9 | 77.7 | 77.4 | 76 | 75.4 | 13 |
| Nonfinancial corporate business; total mortgages; asset | FL103065005 | 113.2 | 149.1 | 123.2 | 142.3 | 145.1 | 149.1 | 159.5 | 164.2 | 168.4 | 14 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 51.6 | 55.4 | 52.8 | 53.9 | 54.6 | 55.4 | 55.7 | 56.2 | 56.3 | 15 |
| Federal government; total mortgages; asset | FL313065005 | 133.1 | 168 | 134.9 | 138.2 | 143.1 | 168 | 169.7 | 170.7 | 173.7 | 16 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2 | 23.2 | 1.9 | 1.8 | 1.8 | 23.2 | 23 | 22.3 | 21.7 | 17 |
| 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 | 111.7 | 116 | 112.2 | 113.3 | 114 | 116 | 117.1 | 117.9 | 120.4 | 18 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 19.5 | 28.7 | 20.9 | 23.1 | 27.3 | 28.7 | 29.6 | 30.5 | 31.6 | 19 |
| 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 | 20 |
| State and local governments; total mortgages; asset | FL213065005 | 269 | 276.6 | 270.9 | 272.8 | 274.7 | 276.6 | 278.5 | 280.5 | 282.5 | 21 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5952.5 | 6489.2 | 5948.4 | 6163.8 | 6351.5 | 6489.2 | 6568.2 | 6633.9 | 6694.8 | 22 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5172.5 | 5690.2 | 5238.4 | 5420.4 | 5575.9 | 5690.2 | 5759.3 | 5809 | 5854.8 | 23 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 91.1 | 106.6 | 94.9 | 99.7 | 103.1 | 106.6 | 106.5 | 108.5 | 106.1 | 24 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 21.4 | 21.7 | 21.3 | 21.3 | 21.7 | 21.7 | 21.1 | 21 | 21.3 | 25 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 667.5 | 670.7 | 593.8 | 622.4 | 650.8 | 670.7 | 681.2 | 695.4 | 712.5 | 26 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 27.7 | 30.4 | 29.6 | 30.4 | 30.9 | 30.4 | 30.5 | 31.8 | 31.9 | 27 |
| Life insurance companies; total mortgages; asset | FL543065005 | 690.9 | 757.1 | 712.3 | 731.2 | 743.3 | 757.1 | 768.7 | 782 | 793.9 | 28 |
| Private pension funds; total mortgages; asset | FL573065005 | 25.5 | 26.3 | 25.6 | 25.8 | 26 | 26.3 | 26.5 | 26.7 | 26.9 | 29 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 6.8 | 6.5 | 6.7 | 6.5 | 7.3 | 6.5 | 7.5 | 7.4 | 7.6 | 30 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 6924.1 | 7323.6 | 7110.2 | 7206 | 7274.2 | 7323.6 | 7321.9 | 7356.2 | 7400.8 | 31 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3899 | 4075.6 | 3989.5 | 4039.7 | 4058.7 | 4075.6 | 4072.6 | 4084.5 | 4100.3 | 32 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 2789.8 | 3003 | 2883.3 | 2925.5 | 2972.6 | 3003 | 3005.9 | 3025.3 | 3049.4 | 33 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 171.4 | 179.8 | 173.4 | 176 | 178.1 | 179.8 | 178.2 | 179.5 | 182.1 | 34 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 55.5 | 56.1 | 55.5 | 55.8 | 56.1 | 56.1 | 56.3 | 57.7 | 59.9 | 35 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 8.3 | 9 | 8.5 | 8.9 | 8.8 | 9 | 8.9 | 9.1 | 9.1 | 36 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2501.8 | 2687.9 | 2534.8 | 2583.9 | 2637.4 | 2687.9 | 2717.9 | 2765 | 2784.4 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2149.2 | 2337.1 | 2182.3 | 2229.4 | 2284.5 | 2337.1 | 2370 | 2418.2 | 2436.4 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 346.7 | 345.1 | 346.6 | 348.6 | 347.1 | 345.1 | 342.1 | 340.5 | 341.8 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 4.7 | 4.6 | 4.7 | 4.7 | 4.6 | 4.6 | 4.5 | 4.5 | 4.5 | 40 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.8 | 1.8 | 41 |
| 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 | 42 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 889.2 | 900 | 903.1 | 913.4 | 916.2 | 900 | 912.3 | 912.6 | 924.4 | 43 |
| Finance companies; total mortgages; asset | FL613065000 | 352.6 | 341.1 | 349.6 | 346.4 | 342.2 | 341.1 | 338.2 | 336.4 | 332.1 | 44 |
| Mortgage real estate investment trusts; total mortgages; asset | FL643065075 | 287.7 | 296.5 | 290.9 | 298.7 | 293.3 | 296.5 | 294.5 | 285.2 | 280.4 | 45 |
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: December 7, 2023