Financial Accounts of the United States - Z.1
F.217 Total mortgages1
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net change in mortgages (by instrument) | FA893065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | One-to-four-family residential | FA893065105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Multifamily residential | FA893065405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Commercial | FA893065505 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Farm | FA893065603 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Net borrowing | FA893065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Household sector | FA153165005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Nonfinancial business | FA143165005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Corporate | FA103165005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Noncorporate | FA113165005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Federal government | FA313165403 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Net change in assets | FA893065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Household sector | FA153065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Nonfinancial corporate business | FA103065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Nonfinancial noncorporate business | FA113065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Federal government | FA313065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Ginnie Mae | FA313065015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Farmers Home Administration (FmHA)2 | FA313065075 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Federal Housing Administration (FHA) | FA313065035 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Other3 | FA313065095 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | State and local governments | FA213065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Private depository institutions | FA703065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | U.S.-chartered depository institutions | FA763065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Foreign banking offices in U.S. | FA753065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Banks in U.S.-affiliated areas | FA743065003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Credit unions | FA473065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Property-casualty insurance companies | FA513065505 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Life insurance companies | FA543065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Private pension funds | FA573065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | State and local govt. pension funds | FA223065043 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Government-sponsored enterprises | FA403065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Fannie Mae | FA403065015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Freddie Mac | FA403065025 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Farm Credit System | FA403065045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | FHLB | FA403065035 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Farmer Mac | FA403065653 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Agency- and GSE-backed mortgage pools | FA413065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Ginnie Mae | FA413065015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Freddie Mac | FA413065025 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Fannie Mae | FA413065045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Farmer Mac | FA413065653 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Farmers Home Administration (FmHA)2 | FA413065035 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | ABS issuers | FA673065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Finance companies | FA613065000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Mortgage REITs | FA643065075 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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: March 9, 2026