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 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 582.5 | 594.8 | 537.9 | 559.8 | 729.9 | 551.5 | 699.7 | 609.3 | 870.0 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 322.8 | 305.0 | 260.4 | 347.6 | 344.3 | 267.7 | 390.1 | 352.2 | 614.8 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 126.4 | 133.1 | 103.3 | 106.4 | 173.8 | 148.8 | 91.7 | 151.0 | 133.1 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 123.8 | 135.6 | 153.4 | 84.8 | 190.5 | 113.7 | 203.2 | 91.4 | 107.2 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 9.5 | 21.1 | 20.8 | 21.0 | 21.3 | 21.3 | 14.7 | 14.7 | 14.9 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 582.5 | 594.8 | 537.9 | 559.8 | 729.9 | 551.5 | 699.7 | 609.3 | 870.0 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 311.1 | 297.3 | 258.2 | 340.0 | 328.3 | 262.6 | 379.0 | 344.3 | 603.6 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 287.2 | 295.2 | 287.4 | 222.9 | 399.4 | 271.1 | 316.9 | 273.3 | 258.4 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | 56.5 | 39.0 | 74.4 | 35.7 | 47.0 | -0.9 | 68.9 | 53.1 | 52.5 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 230.7 | 256.2 | 213.1 | 187.2 | 352.5 | 272.0 | 248.0 | 220.3 | 205.9 | 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 | -15.8 | 2.3 | -7.7 | -3.2 | 2.2 | 17.8 | 3.8 | -8.4 | 7.9 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 582.5 | 594.8 | 537.9 | 559.8 | 729.9 | 551.5 | 699.7 | 609.3 | 870.0 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -5.9 | -2.5 | -2.7 | -2.8 | -2.5 | -2.0 | -4.7 | -6.6 | -4.3 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.0 | 2.5 | 2.4 | 2.5 | 2.5 | 2.6 | 2.6 | 2.7 | 2.7 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 3.9 | 3.2 | 3.2 | 2.6 | 3.6 | 3.4 | 3.5 | 3.4 | 3.5 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 3.4 | 0.6 | 3.0 | -13.0 | 11.2 | 1.3 | 6.1 | 5.6 | -4.0 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -0.4 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.2 | -0.2 | -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 | 3.2 | 0.1 | 2.3 | -13.6 | 10.7 | 0.9 | 6.3 | 5.4 | -5.5 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.6 | 0.9 | 1.0 | 0.8 | 0.9 | 0.8 | 0.0 | 0.4 | 1.8 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | -0.1 | -0.0 | -0.0 | 0.0 | -0.1 | -0.1 | 0.0 | -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 | 2.7 | -7.3 | 4.4 | -15.3 | -21.9 | 3.8 | -6.2 | 43.5 | 31.6 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 170.3 | 214.9 | 152.6 | 244.6 | 204.2 | 258.3 | 254.6 | 83.4 | 92.3 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 122.2 | 171.8 | 122.3 | 203.1 | 157.9 | 203.8 | 177.8 | 30.7 | 65.3 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 8.1 | 3.0 | 0.9 | 1.5 | 10.1 | -0.7 | 8.7 | -3.1 | -2.0 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | -1.7 | -1.5 | -1.6 | -1.1 | -2.2 | -1.1 | -2.7 | 1.9 | 0.4 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 41.8 | 41.7 | 30.9 | 41.0 | 38.4 | 56.2 | 70.8 | 53.8 | 28.5 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.7 | 2.4 | 1.4 | 0.4 | -0.3 | 8.0 | 3.2 | 0.5 | -0.4 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 61.4 | 51.1 | 59.8 | 35.7 | 59.0 | 49.8 | 43.0 | 11.9 | 11.3 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | -2.8 | 1.3 | 1.2 | 1.1 | 1.6 | 1.4 | 2.6 | 1.2 | 1.4 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 5.4 | -1.1 | 2.1 | -1.0 | -2.7 | -2.7 | 1.3 | 4.3 | 0.1 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 145.1 | 180.0 | 132.7 | 169.7 | 250.1 | 167.2 | 271.4 | 588.2 | 707.5 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 70.3 | 77.5 | 47.5 | 69.5 | 118.3 | 74.6 | 133.9 | 372.5 | 273.7 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 59.1 | 85.1 | 75.6 | 83.6 | 113.6 | 67.7 | 117.7 | 203.9 | 438.4 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 6.9 | 6.0 | -1.2 | 5.8 | 7.3 | 12.1 | 6.8 | 15.8 | 15.5 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 8.7 | 9.9 | 8.9 | 9.7 | 10.0 | 11.2 | 11.4 | -6.7 | -21.6 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.1 | 1.4 | 1.9 | 1.1 | 1.0 | 1.6 | 1.6 | 2.7 | 1.5 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 165.8 | 113.8 | 113.8 | 105.7 | 98.8 | 136.8 | 117.3 | -44.4 | 30.8 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 128.8 | 75.3 | 87.4 | 77.0 | 49.0 | 87.9 | 107.2 | -48.5 | -43.9 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 40.9 | 39.9 | 28.8 | 30.3 | 49.7 | 51.0 | 12.7 | 5.9 | 74.6 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -3.7 | -1.1 | -2.3 | -1.6 | 0.2 | -0.7 | -2.4 | -1.8 | 0.4 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -0.2 | -0.4 | -0.0 | -0.0 | -0.0 | -1.3 | -0.2 | -0.1 | -0.3 | 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 | 17.3 | 14.5 | 10.9 | -12.0 | 86.9 | -27.7 | 112.8 | -62.2 | -34.7 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -8.9 | 2.5 | 14.0 | -3.3 | 1.2 | -1.9 | -16.2 | -10.9 | -14.6 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 20.2 | 18.9 | 39.3 | 45.0 | 38.2 | -46.9 | -91.6 | -11.3 | 46.8 | 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: December 10, 2020