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 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 18330.9 | 19608.2 | 20237.2 | 19342.6 | 19608.2 | 19749.7 | 19907 | 20091.9 | 20237.2 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 12787.3 | 13618.5 | 13994.4 | 13453.1 | 13618.5 | 13680.2 | 13777.6 | 13901.2 | 13994.4 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1917.8 | 2083.7 | 2198.7 | 2043.6 | 2083.7 | 2115.8 | 2144.2 | 2172.9 | 2198.7 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3301.4 | 3571.2 | 3689.1 | 3513.7 | 3571.2 | 3613.9 | 3640.4 | 3667.9 | 3689.1 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 324.4 | 334.8 | 355 | 332.2 | 334.8 | 339.8 | 344.8 | 349.9 | 355 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 18330.9 | 19608.2 | 20237.2 | 19342.6 | 19608.2 | 19749.7 | 19907 | 20091.9 | 20237.2 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 12337.5 | 13132.9 | 13522.1 | 12970.7 | 13132.9 | 13197 | 13297.1 | 13424.2 | 13522.1 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5993.4 | 6475.3 | 6715.1 | 6371.9 | 6475.3 | 6552.7 | 6609.9 | 6667.7 | 6715.1 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 1088.9 | 1259 | 1317.2 | 1226.5 | 1259 | 1277.6 | 1286.9 | 1301.4 | 1317.2 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4904.4 | 5216.3 | 5397.9 | 5145.4 | 5216.3 | 5275.2 | 5323 | 5366.3 | 5397.9 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| All sectors; total mortgages; asset | FL893065005 | 18330.9 | 19608.2 | 20237.2 | 19342.6 | 19608.2 | 19749.7 | 19907 | 20091.9 | 20237.2 | 12 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 86.6 | 77.7 | 74.4 | 80 | 77.7 | 77.4 | 76 | 75.5 | 74.4 | 13 |
| Nonfinancial corporate business; total mortgages; asset | FL103065005 | 113.2 | 149.1 | 170.5 | 145.1 | 149.1 | 159.6 | 164.3 | 168.6 | 170.5 | 14 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 51.6 | 55.4 | 56.4 | 54.6 | 55.4 | 55.7 | 56.2 | 56.3 | 56.4 | 15 |
| Federal government; total mortgages; asset | FL313065005 | 133.1 | 168 | 176 | 143.1 | 168 | 169.7 | 170.7 | 173.7 | 176 | 16 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2 | 23.2 | 21.1 | 1.8 | 23.2 | 23 | 22.3 | 21.7 | 21.1 | 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 | 122 | 114 | 116 | 117.1 | 117.9 | 120.4 | 122 | 18 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 19.5 | 28.7 | 32.9 | 27.3 | 28.7 | 29.6 | 30.5 | 31.6 | 32.9 | 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 | 284.5 | 274.7 | 276.6 | 278.5 | 280.5 | 282.5 | 284.5 | 21 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5952.5 | 6489.9 | 6744.9 | 6351.5 | 6489.9 | 6569.5 | 6635.3 | 6694.9 | 6744.9 | 22 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5172.5 | 5690.9 | 5895.1 | 5575.9 | 5690.9 | 5760.1 | 5809.8 | 5855.8 | 5895.1 | 23 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 91.1 | 106.6 | 105.5 | 103.1 | 106.6 | 106.5 | 108.5 | 106.1 | 105.5 | 24 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 21.4 | 21.7 | 22.2 | 21.7 | 21.7 | 21.7 | 21.7 | 22 | 22.2 | 25 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 667.5 | 670.7 | 722 | 650.8 | 670.7 | 681.2 | 695.4 | 711 | 722 | 26 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 27.7 | 30.4 | 32.3 | 30.9 | 30.4 | 30.5 | 31.8 | 31.9 | 32.3 | 27 |
| Life insurance companies; total mortgages; asset | FL543065005 | 709.5 | 779.4 | 829.2 | 765.6 | 779.4 | 790.9 | 804.5 | 817.2 | 829.2 | 28 |
| Private pension funds; total mortgages; asset | FL573065005 | 25.5 | 26.2 | 27.1 | 26 | 26.2 | 26.5 | 26.7 | 26.9 | 27.1 | 29 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 6.8 | 6.6 | 5.3 | 7.9 | 6.6 | 6.8 | 5.9 | 5.8 | 5.3 | 30 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 6924.1 | 7323.6 | 7427.3 | 7274.2 | 7323.6 | 7321.9 | 7356.2 | 7400.8 | 7427.3 | 31 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3899 | 4075.6 | 4102.6 | 4058.7 | 4075.6 | 4072.6 | 4084.5 | 4100.3 | 4102.6 | 32 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 2789.8 | 3003 | 3069.1 | 2972.6 | 3003 | 3005.9 | 3025.3 | 3049.4 | 3069.1 | 33 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 171.4 | 179.8 | 184.8 | 178.1 | 179.8 | 178.2 | 179.5 | 182.1 | 184.8 | 34 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 55.5 | 56.1 | 61 | 56.1 | 56.1 | 56.3 | 57.7 | 59.9 | 61 | 35 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 8.3 | 9 | 9.6 | 8.8 | 9 | 8.9 | 9.1 | 9.1 | 9.6 | 36 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2501.8 | 2687.9 | 2870.7 | 2637.4 | 2687.9 | 2717.9 | 2765 | 2820.9 | 2870.7 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2149.2 | 2337.1 | 2518.4 | 2284.5 | 2337.1 | 2370 | 2418.2 | 2472.8 | 2518.4 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 346.7 | 345.1 | 346 | 347.1 | 345.1 | 342.1 | 340.5 | 341.8 | 346 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 4.7 | 4.6 | 4.4 | 4.6 | 4.6 | 4.5 | 4.5 | 4.5 | 4.4 | 40 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.3 | 1.2 | 1.9 | 1.2 | 1.2 | 1.2 | 1.8 | 1.8 | 1.9 | 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 | 923.5 | 916.2 | 900 | 912.3 | 912.6 | 924.4 | 923.5 | 43 |
| Finance companies; total mortgages; asset | FL613065000 | 352.6 | 341.1 | 331.6 | 342.2 | 341.1 | 338.2 | 336.4 | 332.3 | 331.6 | 44 |
| Mortgage real estate investment trusts; total mortgages; asset | FL643065075 | 287.7 | 296.3 | 283.7 | 293.3 | 296.3 | 294.4 | 285.1 | 280.3 | 283.7 | 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: March 7, 2024