Financial Accounts of the United States - Z.1
F4.5.t Total mortgages 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net change in mortgages (by instrument) | FA893065005 | 625.7 | 582.0 | 700.6 | 506.9 | 556.4 | 761.9 | 855.9 | 628.3 | 593.8 |
| Line 2 | One-to-four-family residential | FA893065105 | 388.2 | 393.2 | 418.1 | 355.8 | 363.3 | 505.8 | 502.9 | 300.5 | 303.4 |
| Line 3 | Multifamily residential | FA893065405 | 97.1 | 103.1 | 141.4 | 140.9 | 104.1 | 88.7 | 162.3 | 210.7 | 96.4 |
| Line 4 | Commercial | FA893065505 | 129.8 | 63.4 | 122.5 | -12.3 | 70.6 | 148.9 | 172.0 | 98.4 | 175.9 |
| Line 5 | Farm | FA893065603 | 10.5 | 22.4 | 18.6 | 22.5 | 18.3 | 18.6 | 18.8 | 18.8 | 18.1 |
| Line 6 | Net borrowing | FA893065005 | 625.7 | 582.0 | 700.6 | 506.9 | 556.4 | 761.9 | 855.9 | 628.3 | 593.8 |
| Line 7 | Household sector | FA153165005 | 416.9 | 387.5 | 422.1 | 339.4 | 355.2 | 509.8 | 514.1 | 309.2 | 311.2 |
| Line 8 | Nonfinancial business | FA143165005 | 208.7 | 194.5 | 278.6 | 167.5 | 201.2 | 252.1 | 341.8 | 319.1 | 282.7 |
| Line 9 | Corporate | FA103165005 | 48.5 | 35.7 | 67.3 | -10.8 | 51.6 | 80.3 | 91.8 | 45.5 | 116.3 |
| Line 10 | Noncorporate | FA113165005 | 160.2 | 158.8 | 211.2 | 178.3 | 149.5 | 171.8 | 250.1 | 273.6 | 166.4 |
| Line 11 | Federal government | FA313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 12 | Net change in assets | FA893065005 | 625.7 | 582.0 | 700.6 | 506.9 | 556.4 | 761.9 | 855.9 | 628.3 | 593.8 |
| Line 13 | Household sector | FA153065005 | -0.9 | -3.6 | -5.9 | -4.5 | -5.1 | -4.4 | -8.1 | -6.0 | -7.6 |
| Line 14 | Nonfinancial corporate business | FA103065005 | 22.6 | 3.9 | -1.6 | 1.9 | 0.5 | -0.5 | 1.1 | -7.4 | -3.8 |
| Line 15 | Nonfinancial noncorporate business | FA113065005 | 5.1 | 2.7 | 4.1 | 3.4 | 3.1 | 4.0 | 3.9 | 5.4 | 5.2 |
| Line 16 | Federal government | FA313065005 | 8.1 | 7.9 | 7.6 | 9.4 | 9.8 | 3.8 | 15.4 | 1.4 | 1.3 |
| Line 17 | Ginnie Mae | FA313065015 | -2.0 | -2.2 | -2.8 | -2.4 | -2.6 | -2.9 | -2.8 | -2.7 | -2.4 |
| Line 18 | Farmers Home Administration (FmHA)(2) | FA313065075 | 6.0 | 5.5 | 5.1 | 7.2 | 6.7 | 0.0 | 11.7 | 1.9 | 2.9 |
| Line 19 | Federal Housing Administration (FHA) | FA313065035 | 4.1 | 4.6 | 5.3 | 4.7 | 5.7 | 6.7 | 6.5 | 2.2 | 0.8 |
| Line 20 | Other(3) | FA313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 21 | State and local governments | FA213065005 | -30.9 | 5.4 | 14.5 | 5.4 | 14.2 | 14.4 | 14.6 | 14.8 | 0.0 |
| Line 22 | Private depository institutions | FA703065005 | 278.0 | 138.4 | 199.8 | 76.8 | 108.3 | 246.9 | 225.0 | 218.9 | 144.0 |
| Line 23 | U.S.-chartered depository institutions | FA763065005 | 206.7 | 78.4 | 126.2 | 24.9 | 48.4 | 151.3 | 136.0 | 169.0 | 55.0 |
| Line 24 | Foreign banking offices in U.S. | FA753065005 | 4.4 | 2.4 | 2.8 | -1.5 | -7.2 | 13.4 | -3.4 | 8.6 | 10.7 |
| Line 25 | Banks in U.S.-affiliated areas | FA743065003 | 0.9 | 1.0 | 0.6 | 1.6 | -1.1 | 1.1 | 1.2 | 1.1 | -3.1 |
| Line 26 | Credit unions | FA473065005 | 65.9 | 56.5 | 70.2 | 51.8 | 68.2 | 81.2 | 91.2 | 40.2 | 81.5 |
| Line 27 | Property-casualty insurance companies | FA513065505 | 2.5 | -0.5 | 0.6 | -2.4 | -1.5 | 3.7 | 0.7 | -0.5 | 0.9 |
| Line 28 | Life insurance companies | FA543065005 | 45.3 | 67.1 | 63.3 | 55.4 | 32.2 | 94.0 | 49.6 | 77.4 | 13.0 |
| Line 29 | Private pension funds | FA573065005 | 6.7 | 3.1 | 3.4 | 3.2 | 3.5 | 4.0 | 2.3 | 3.8 | 2.6 |
| Line 30 | State and local govt. pension funds | FA223065043 | -1.7 | 0.4 | 0.7 | 2.8 | -0.3 | 0.7 | -0.3 | 2.7 | 0.7 |
| Line 31 | Government-sponsored enterprises | FA403065005 | 106.0 | 127.5 | 116.5 | 144.3 | 110.0 | 84.4 | 156.8 | 114.9 | 151.2 |
| Line 32 | Fannie Mae | FA403065015 | 28.3 | 8.8 | -13.1 | 15.0 | -16.0 | -5.9 | -21.4 | -9.2 | 15.4 |
| Line 33 | Freddie Mac | FA403065025 | 66.8 | 98.2 | 106.0 | 104.5 | 109.2 | 60.3 | 156.0 | 98.8 | 115.6 |
| Line 34 | Farm Credit System | FA403065045 | 5.0 | 10.7 | 11.3 | 16.6 | 3.4 | 15.0 | 9.8 | 17.1 | 4.7 |
| Line 35 | FHLB | FA403065035 | 5.3 | 8.3 | 9.6 | 6.2 | 11.6 | 12.7 | 8.5 | 5.5 | 11.6 |
| Line 36 | Farmer Mac | FA403065653 | 0.6 | 1.6 | 2.7 | 2.1 | 1.8 | 2.4 | 3.8 | 2.7 | 3.9 |
| Line 37 | Agency- and GSE-backed mortgage pools | FA413065005 | 182.7 | 173.9 | 165.3 | 174.1 | 151.9 | 201.1 | 189.4 | 118.7 | 103.5 |
| Line 38 | Ginnie Mae | FA413065015 | 181.3 | 177.6 | 183.1 | 186.9 | 155.0 | 205.6 | 219.3 | 152.4 | 133.5 |
| Line 39 | Freddie Mac | FA413065025 | 0.9 | -3.8 | -18.0 | -13.3 | -3.6 | -5.1 | -29.4 | -33.9 | -30.8 |
| Line 40 | Fannie Mae | FA413065045 | -0.2 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 |
| Line 41 | Farmer Mac | FA413065653 | 0.7 | 0.3 | 0.3 | 0.6 | 0.6 | 0.8 | -0.3 | 0.3 | 0.9 |
| Line 42 | Farmers Home Administration (FmHA)(2) | FA413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 43 | ABS issuers | FA673065005 | 25.9 | 70.0 | 107.9 | 52.4 | 134.8 | 88.3 | 173.2 | 35.5 | 179.8 |
| Line 44 | Finance companies | FA613065000 | -9.4 | -7.2 | -5.4 | -0.4 | -17.6 | -6.6 | 12.1 | -9.4 | -15.7 |
| Line 45 | Mortgage REITs | FA643065075 | -14.3 | -6.8 | 29.8 | -14.9 | 12.7 | 28.4 | 20.2 | 58.1 | 18.7 |
Notes:
- Sum of one-to-four-family residential mortgages, multifamily residential mortgages, commercial mortgages, and farm mortgages.
- 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 11, 2026