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 | 2020 | 2021 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 479.4 | 892.8 | 881.2 | 386.1 | 378.6 | 394.3 | 485.1 | 286.4 | 309.2 | 1 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; liability | FA153165105 | 394.4 | 820.5 | 819.8 | 366.6 | 355 | 373.6 | 466.1 | 271.6 | 279.8 | 2 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; liability | FA103165105 | -0.5 | 2.1 | 3.4 | -1.6 | 0.5 | -2.6 | -2.4 | -1.9 | -1.6 | 3 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; liability | FA113165105 | 85.5 | 70.2 | 58 | 21.1 | 23.1 | 23.2 | 21.3 | 16.7 | 31 | 4 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 479.4 | 892.8 | 881.2 | 386.1 | 378.6 | 394.3 | 485.1 | 286.4 | 309.2 | 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 | 4.8 | 5.8 | -10.8 | -1.5 | -0.9 | -1.2 | -1.3 | -2.6 | -1.2 | 7 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; asset | FA113065103 | 0.9 | -0.6 | 1.4 | 0.4 | 0.4 | 0.7 | 0.2 | 0.1 | 0.3 | 8 |
| Federal government; one-to-four-family residential mortgages; asset | FA313065105 | 1.2 | 2.2 | 9 | 2.8 | 3 | 1.2 | 3 | 3.9 | 3.6 | 9 |
| State and local governments; one-to-four-family residential mortgages; asset | FA213065103 | 1.8 | 3.6 | 3.6 | 3.9 | 3.7 | 3.8 | 4 | 4.2 | 4.5 | 10 |
| U.S.-chartered depository institutions; one-to-four-family residential mortgages, including farm houses; asset | FA763065105 | -55.4 | 25.8 | 248 | 73.5 | 116.9 | 31.2 | 88 | 58 | 3.7 | 11 |
| Foreign banking offices in the U.S.; one-to-four-family residential mortgages; asset | FA753065103 | -0.2 | -0 | -0.3 | -0.3 | -0.1 | -0.3 | -0.4 | -0.2 | -0.3 | 12 |
| Banks in U.S.-affiliated areas; one-to-four-family residential mortgages; asset | FA743065103 | 0.3 | -1.5 | -0.6 | 0.3 | -0.3 | -0 | 0.6 | 1 | -1.7 | 13 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 45.6 | 57.5 | 89.3 | 50.5 | 59.1 | 51.9 | 64.9 | 26.1 | 46.6 | 14 |
| Life insurance companies; one-to-four-family residential mortgages, including farm houses; asset | FA543065105 | 0.5 | 11 | 16.1 | 20.6 | 19.5 | 21.3 | 23.1 | 18.4 | 18.7 | 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 | 0.1 | 0.1 | 16 |
| State and local government employee defined benefit retirement funds; one-to-four-family residential mortgages; asset | FA223065143 | -0.3 | -0.1 | -0.1 | -0.6 | 0.2 | -1.3 | -0.3 | -0.9 | -0.6 | 17 |
| Government-sponsored enterprises; one-to-four-family residential mortgages; asset | FA403065105 | 560.3 | 738.9 | 349.3 | 54.5 | 36.5 | 101.3 | 82 | -1.8 | 45.5 | 18 |
| Agency-and GSE-backed mortgage pools; one-to-four-family residential mortgages; asset | FA413065105 | -15.8 | 35.4 | 178.3 | 174.1 | 142.9 | 186.8 | 212.7 | 153.9 | 154.9 | 19 |
| Issuers of asset-backed securities; one-to-four-family residential mortgages; asset | FA673065105 | -29.6 | 3.8 | 12.9 | 11.6 | 14.9 | 7.7 | 13.1 | 10.6 | 46.7 | 20 |
| Finance companies; one-to-four-family residential mortgages; asset | FA613065105 | -8.2 | -12 | -9.9 | -4.4 | -19 | -1.3 | -6.5 | 9.1 | -20.5 | 21 |
| Mortgage real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065173 | -23.2 | 26.5 | -1.7 | 4.2 | 5.3 | -4 | 5.4 | 10 | 12.5 | 22 |
| All sectors; one-to-four-family residential mortgage charge-offs (2) | FV893065153 | 8.7 | 4.6 | 3.6 | 4.3 | 0.9 | 0.8 | 1.6 | 1 | 1 | 23 |
| All sectors; home equity loans; asset (3) | FA893065125 | -58.9 | -44.2 | 32.2 | 34.5 | 11.1 | 35.4 | 45.1 | 46.3 | 28.1 | 24 |
| U.S.-chartered depository institutions; home equity loans; asset | FA763065125 | -48.5 | -41.1 | 12.7 | 6.4 | -7 | 4.5 | 10.6 | 17.5 | 0.9 | 25 |
| Foreign banking offices in the U.S.; home-equity lines of credit; asset | FA753065203 | -0.2 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 | 26 |
| Credit unions; home equity loans; asset | FA473065125 | -7 | 0.2 | 22.5 | 26.7 | 19.3 | 28.5 | 34.5 | 24.6 | 18.8 | 27 |
| Issuers of asset-backed securities; home equity loans; asset | FA673065123 | -1.5 | -0.9 | -1 | 2.3 | 0.8 | 3.1 | 1.9 | 3.3 | 10.6 | 28 |
| Finance companies; home equity loans; asset | FA613065123 | -1.7 | -2.4 | -2 | -0.9 | -2 | -0.7 | -1.8 | 0.9 | -2.2 | 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: June 7, 2024