Financial Accounts of the United States - Z.1
L.217 Total Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
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| Description | Series code | 2020 | 2021 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 16805.5 | 18330.9 | 19577.9 | 20186.9 | 19715.2 | 19865.2 | 20045.3 | 20186.9 | 20284.9 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 11653.5 | 12787.3 | 13600.1 | 13982 | 13663.4 | 13762 | 13887.4 | 13982 | 14027.2 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1761.6 | 1917.8 | 2083.6 | 2188.4 | 2114.6 | 2140.8 | 2167.1 | 2188.4 | 2213.7 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3101.7 | 3301.4 | 3559.3 | 3661.5 | 3597.4 | 3617.6 | 3640.9 | 3661.5 | 3683.5 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 288.6 | 324.4 | 334.8 | 355 | 339.8 | 344.8 | 349.9 | 355 | 360.5 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 16805.5 | 18330.9 | 19577.9 | 20186.9 | 19715.2 | 19865.2 | 20045.3 | 20186.9 | 20284.9 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 11254 | 12337.5 | 13114.6 | 13509.8 | 13180.1 | 13281.8 | 13410.7 | 13509.8 | 13554.9 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5551.4 | 5993.4 | 6463.3 | 6677 | 6535.1 | 6583.4 | 6634.6 | 6677 | 6730 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 987 | 1088.9 | 1247.1 | 1279.1 | 1259.9 | 1260.5 | 1268.3 | 1279.1 | 1280.1 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4564.4 | 4904.4 | 5216.3 | 5398 | 5275.2 | 5323 | 5366.3 | 5398 | 5449.9 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| All sectors; total mortgages; asset | FL893065005 | 16805.5 | 18330.9 | 19577.9 | 20186.9 | 19715.2 | 19865.2 | 20045.3 | 20186.9 | 20284.9 | 12 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 80.6 | 86.6 | 77.7 | 74.4 | 77.4 | 76 | 75.4 | 74.4 | 73.6 | 13 |
| Nonfinancial corporate business; total mortgages; asset | FL103065005 | 81.8 | 113.2 | 118.6 | 126.8 | 125 | 125.4 | 125.3 | 126.8 | 126.2 | 14 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 53.4 | 51.6 | 55.4 | 56.4 | 55.7 | 56.2 | 56.3 | 56.4 | 56.6 | 15 |
| Federal government; total mortgages; asset | FL313065005 | 127.1 | 133.1 | 168 | 176 | 169.7 | 170.7 | 173.7 | 176 | 178.2 | 16 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.3 | 2 | 23.2 | 21.1 | 23 | 22.3 | 21.7 | 21.1 | 20.7 | 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 | 108.3 | 111.7 | 116 | 122 | 117.1 | 117.9 | 120.4 | 122 | 123.4 | 18 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 16.6 | 19.5 | 28.7 | 32.9 | 29.6 | 30.5 | 31.6 | 32.9 | 34.2 | 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 | 261.4 | 269 | 276.6 | 284.5 | 278.5 | 280.5 | 282.5 | 284.5 | 286.6 | 21 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5741.1 | 5952.5 | 6490 | 6742.2 | 6569.7 | 6632.6 | 6692.2 | 6742.2 | 6771.8 | 22 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5027.1 | 5172.5 | 5690.9 | 5892.5 | 5760.1 | 5806.8 | 5852.9 | 5892.5 | 5910.5 | 23 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 81 | 91.1 | 106.7 | 105.9 | 106.7 | 108.8 | 106.3 | 105.9 | 111.2 | 24 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 22.9 | 21.4 | 21.7 | 22.6 | 21.7 | 21.7 | 22 | 22.6 | 21.8 | 25 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 610.1 | 667.5 | 670.7 | 721.1 | 681.2 | 695.4 | 711 | 721.1 | 728.3 | 26 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 24.3 | 27.7 | 30.4 | 32.9 | 30.5 | 31.7 | 31.8 | 32.9 | 33.2 | 27 |
| Life insurance companies; total mortgages; asset | FL543065005 | 662 | 709.5 | 779.4 | 824.6 | 790.8 | 804.3 | 816.9 | 824.6 | 836.6 | 28 |
| Private pension funds; total mortgages; asset | FL573065005 | 24.3 | 25.5 | 26.3 | 27.1 | 26.5 | 26.7 | 26.9 | 27.1 | 27.3 | 29 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 7.1 | 6.8 | 6.6 | 4.9 | 6.7 | 5.8 | 5.6 | 4.9 | 4.5 | 30 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 6142.5 | 6924.1 | 7323.6 | 7427.7 | 7321.9 | 7356.2 | 7400.8 | 7427.7 | 7431 | 31 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3589.9 | 3899 | 4075.6 | 4102.6 | 4072.6 | 4084.5 | 4100.3 | 4102.6 | 4097.3 | 32 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 2328 | 2789.8 | 3003 | 3069.1 | 3005.9 | 3025.3 | 3049.4 | 3069.1 | 3075.3 | 33 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 154.6 | 171.4 | 179.8 | 184.8 | 178.2 | 179.5 | 182.1 | 184.8 | 185.8 | 34 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 62.8 | 55.5 | 56.1 | 61.4 | 56.3 | 57.7 | 59.9 | 61.4 | 62.7 | 35 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 7.3 | 8.3 | 9 | 9.6 | 8.9 | 9.1 | 9.1 | 9.6 | 9.8 | 36 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2428.3 | 2501.8 | 2687.9 | 2870.7 | 2717.9 | 2765 | 2820.9 | 2870.7 | 2906.2 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2103.4 | 2149.2 | 2337.1 | 2518.4 | 2370 | 2418.2 | 2472.8 | 2518.4 | 2553.1 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 318.7 | 346.7 | 345.1 | 346 | 342.1 | 340.5 | 341.8 | 346 | 346.8 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 5.3 | 4.7 | 4.6 | 4.4 | 4.5 | 4.5 | 4.5 | 4.4 | 4.4 | 40 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 0.9 | 1.3 | 1.2 | 1.9 | 1.2 | 1.8 | 1.8 | 1.9 | 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 | 833.3 | 889.2 | 900 | 924.7 | 912.3 | 912.6 | 924.4 | 924.7 | 944.6 | 43 |
| Finance companies; total mortgages; asset | FL613065000 | 110 | 352.6 | 341.1 | 331.6 | 338.2 | 336.4 | 332.3 | 331.6 | 328.3 | 44 |
| Mortgage real estate investment trusts; total mortgages; asset | FL643065075 | 228.3 | 287.7 | 296.3 | 282.4 | 294.4 | 285.1 | 280.3 | 282.4 | 280.1 | 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: June 7, 2024