Financial Accounts of the United States - Z.1
F.217 Total Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 485.0 | 588.3 | 558.5 | 594.5 | 501.5 | 577.2 | 750.0 | 549.4 | 669.8 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 232.6 | 332.5 | 303.2 | 308.7 | 245.2 | 376.1 | 350.0 | 263.5 | 358.3 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 117.5 | 122.4 | 117.9 | 138.0 | 102.7 | 109.1 | 188.9 | 151.1 | 98.3 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 117.7 | 123.2 | 127.9 | 137.0 | 142.9 | 81.1 | 200.1 | 123.8 | 205.2 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 17.2 | 10.2 | 9.5 | 10.9 | 10.8 | 10.9 | 11.0 | 11.0 | 8.1 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 485.0 | 588.3 | 558.5 | 594.5 | 501.5 | 577.2 | 750.0 | 549.4 | 669.8 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 228.7 | 326.5 | 298.8 | 307.2 | 247.1 | 375.7 | 343.0 | 263.1 | 352.2 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 255.2 | 256.2 | 275.6 | 285.1 | 262.1 | 204.6 | 404.8 | 268.7 | 322.9 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | -13.8 | -74.7 | 48.8 | 32.8 | 98.6 | 8.6 | 52.8 | -28.9 | 77.3 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 269.0 | 330.9 | 226.7 | 252.3 | 163.5 | 196.0 | 352.0 | 297.6 | 245.5 | 10 |
| Federal government; multifamily residential mortgages; liability | FA313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Equity real estate investment trusts; total mortgages; liability | FA123165005 | 1.0 | 5.6 | -15.8 | 2.2 | -7.7 | -3.1 | 2.2 | 17.6 | -5.2 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 485.0 | 588.3 | 558.5 | 594.5 | 501.5 | 577.2 | 750.0 | 549.4 | 669.8 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -7.0 | -10.1 | -12.9 | -11.6 | -11.8 | -11.9 | -11.8 | -11.1 | -12.6 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | -22.8 | 2.4 | 2.0 | -0.0 | 1.1 | 1.1 | 1.1 | -3.3 | 18.2 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | -2.0 | 8.4 | 3.8 | 3.3 | 3.2 | 2.8 | 3.6 | 3.7 | 3.4 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 3.2 | 0.2 | 3.4 | 0.6 | 3.0 | -13.0 | 11.2 | 1.3 | 6.1 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | 0.0 | -1.5 | -0.4 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.2 | 18 |
| Federal government; total mortgages Federal Farmers Home Administration (FmHA), excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FA313065075 | 1.6 | 0.9 | 3.2 | 0.1 | 2.3 | -13.6 | 10.7 | 0.9 | 6.3 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 1.7 | 0.7 | 0.6 | 0.9 | 1.0 | 0.8 | 0.9 | 0.8 | 0.0 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | -0.1 | 0.1 | -0.1 | -0.0 | -0.0 | 0.0 | -0.1 | -0.1 | 0.0 | 21 |
| Federal government; total mortgages held by Federal Financing Bank, Public Housing Administration (PHA), RTC, and VA; asset (3) | FA313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| State and local governments; total mortgages; asset | FA213065005 | 12.0 | 3.2 | -18.7 | 3.6 | 2.5 | -9.9 | 11.9 | 10.0 | 9.9 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 297.5 | 216.0 | 170.7 | 214.9 | 144.1 | 272.4 | 170.4 | 272.7 | 225.7 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 246.0 | 164.7 | 122.6 | 171.6 | 117.0 | 228.8 | 124.6 | 215.8 | 175.8 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 17.4 | 9.0 | 8.1 | 3.2 | 0.9 | 2.0 | 9.1 | 0.7 | 9.0 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | -0.7 | 0.3 | -1.7 | -1.5 | -1.6 | -1.1 | -2.2 | -1.1 | -2.7 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 34.7 | 42.1 | 41.8 | 41.7 | 27.8 | 42.7 | 38.9 | 57.2 | 43.7 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.7 | 2.4 | 2.7 | 2.4 | 1.4 | 0.4 | -0.3 | 8.0 | 3.2 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 34.8 | 41.2 | 61.4 | 51.1 | 58.8 | 34.7 | 60.0 | 50.9 | 41.1 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | 0.3 | 4.4 | 2.5 | 2.2 | 2.0 | 1.8 | 3.1 | 2.0 | 8.1 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 6.5 | -7.6 | 5.6 | 0.6 | 2.6 | -1.0 | 4.9 | -4.1 | 1.8 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 112.4 | 174.4 | 145.1 | 180.0 | 122.4 | 164.2 | 272.4 | 160.8 | 256.6 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 56.2 | 94.9 | 70.3 | 77.5 | 37.1 | 64.8 | 137.9 | 70.2 | 119.5 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 45.5 | 68.5 | 59.1 | 85.1 | 76.1 | 82.5 | 116.0 | 65.9 | 117.8 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 6.7 | 5.1 | 6.9 | 6.0 | -1.2 | 5.8 | 7.3 | 12.1 | 6.8 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 3.9 | 5.4 | 8.7 | 9.9 | 8.5 | 9.9 | 10.3 | 11.1 | 11.0 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.1 | 0.5 | 0.1 | 1.4 | 1.9 | 1.1 | 1.0 | 1.6 | 1.6 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 157.5 | 193.8 | 165.9 | 114.7 | 114.8 | 108.7 | 95.9 | 139.3 | 118.0 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 123.7 | 146.6 | 128.8 | 75.3 | 86.4 | 78.6 | 46.4 | 89.9 | 105.7 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 36.0 | 49.9 | 40.9 | 39.9 | 28.8 | 30.3 | 49.7 | 51.0 | 12.7 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -2.6 | -1.8 | -3.6 | -0.2 | -0.3 | -0.2 | -0.2 | -0.2 | -0.2 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | 0.3 | -1.0 | -0.2 | -0.4 | -0.0 | -0.0 | -0.0 | -1.3 | -0.2 | 43 |
| 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) | FA413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 44 |
| Issuers of asset-backed securities; total mortgages; asset | FA673065005 | -103.7 | -33.1 | 15.8 | 11.5 | 3.3 | -14.7 | 88.1 | -30.6 | 101.9 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -21.0 | -14.4 | -8.9 | 2.5 | 14.8 | -4.4 | 2.7 | -3.2 | -15.0 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 14.7 | 7.1 | 20.2 | 18.9 | 39.3 | 46.1 | 37.0 | -47.0 | -96.5 | 47 |
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 11, 2020