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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 597.1 | 744.0 | 1207.9 | 866.7 | 843.2 | 884.2 | 1224.5 | 1298.2 | 1424.8 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 306.4 | 474.7 | 883.6 | 625.3 | 551.7 | 648.7 | 945.4 | 958.2 | 981.9 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 134.9 | 132.6 | 127.0 | 124.9 | 183.9 | 118.4 | 103.0 | 110.8 | 175.9 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 133.6 | 116.1 | 184.3 | 95.7 | 86.7 | 104.2 | 163.1 | 216.1 | 253.7 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 22.2 | 20.7 | 13.1 | 20.8 | 20.8 | 12.9 | 13.1 | 13.2 | 13.2 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 597.1 | 744.0 | 1207.9 | 866.7 | 843.2 | 884.2 | 1224.5 | 1298.2 | 1424.8 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 295.8 | 448.4 | 828.1 | 589.5 | 515.8 | 609.7 | 884.5 | 896.4 | 921.9 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 299.5 | 293.4 | 389.9 | 269.1 | 324.8 | 296.9 | 346.7 | 394.5 | 521.6 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | 50.3 | 45.4 | 124.6 | 42.0 | 41.2 | 85.8 | 113.7 | 113.3 | 185.6 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 249.2 | 248.0 | 265.4 | 227.1 | 283.6 | 211.1 | 233.1 | 281.2 | 336.0 | 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 | 1.9 | 2.1 | -10.1 | 8.1 | 2.6 | -22.4 | -6.7 | 7.3 | -18.7 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 597.1 | 744.0 | 1207.9 | 866.7 | 843.2 | 884.2 | 1224.5 | 1298.2 | 1424.8 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -2.5 | -1.6 | -4.7 | -0.7 | -1.5 | -3.0 | -5.5 | -5.0 | -5.1 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.2 | 2.4 | 2.5 | 2.4 | 2.4 | 2.4 | 2.5 | 2.5 | 2.6 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 2.7 | 4.3 | 3.8 | 2.7 | -0.5 | 6.1 | 0.7 | 5.2 | 3.1 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 0.6 | 3.3 | 6.0 | -4.0 | 5.7 | 4.4 | 4.9 | 8.2 | 6.5 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -0.3 | -0.2 | -0.3 | -0.2 | -0.3 | -0.3 | -0.3 | -0.4 | -0.3 | 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 | 0.1 | 2.5 | 3.4 | -5.5 | 3.7 | 2.7 | 1.6 | 3.8 | 5.4 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.9 | 1.1 | 2.9 | 1.8 | 2.3 | 1.9 | 3.6 | 4.7 | 1.4 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 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 | -1.9 | 5.3 | 3.3 | 13.0 | 8.9 | 7.6 | 4.1 | 2.1 | -0.6 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 214.7 | 87.7 | 213.2 | 108.6 | -98.5 | -85.8 | 136.5 | 374.8 | 427.2 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 171.8 | 41.1 | 144.5 | 66.1 | -109.6 | -109.9 | 77.1 | 299.3 | 311.4 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 2.8 | 0.6 | 10.1 | -2.0 | -2.2 | -2.4 | 4.1 | 9.5 | 29.3 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | -1.5 | 0.3 | -1.5 | 0.4 | -0.6 | -1.9 | -2.3 | -0.2 | -1.6 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 41.6 | 45.6 | 60.1 | 44.1 | 13.9 | 28.4 | 57.6 | 66.3 | 88.2 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.4 | 1.4 | 3.8 | -0.7 | 3.1 | 0.2 | 4.9 | 3.7 | 6.3 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 51.1 | 25.5 | 34.8 | 5.0 | 43.4 | 9.4 | 41.4 | 53.6 | 34.7 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | -0.6 | -5.0 | -2.8 | -4.9 | -4.2 | -1.6 | -3.7 | -3.4 | -2.4 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -1.5 | -0.9 | 0.7 | 0.9 | -2.4 | 2.0 | -0.3 | 0.9 | 0.0 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 180.0 | 632.9 | 783.2 | 707.5 | 964.3 | 894.5 | 862.1 | 671.3 | 704.9 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 77.5 | 290.4 | 309.6 | 273.7 | 381.4 | 354.8 | 452.0 | 170.5 | 261.0 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 85.1 | 335.3 | 462.9 | 438.4 | 581.4 | 536.6 | 400.9 | 489.3 | 424.9 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 6.0 | 14.9 | 16.9 | 15.5 | 21.7 | 12.9 | 18.7 | 14.0 | 21.8 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 9.9 | -9.7 | -7.2 | -21.6 | -21.8 | -10.0 | -11.4 | -3.7 | -3.8 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 1.4 | 1.9 | 1.1 | 1.5 | 1.7 | 0.3 | 1.8 | 1.1 | 1.0 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 113.8 | 22.3 | 73.5 | 30.7 | -14.5 | 33.7 | 117.5 | 51.5 | 91.2 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 75.3 | -14.2 | 45.8 | -43.9 | -71.5 | -12.1 | 73.9 | 44.3 | 77.1 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 39.9 | 37.7 | 28.0 | 74.6 | 57.7 | 46.5 | 44.3 | 8.0 | 13.2 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -1.1 | -1.1 | -0.6 | 0.4 | -0.5 | -0.4 | -0.8 | -0.8 | -0.4 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -0.4 | -0.2 | 0.3 | -0.3 | -0.2 | -0.4 | 0.1 | 0.1 | 1.3 | 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 | 14.8 | -11.7 | 41.3 | -27.8 | -72.8 | 2.4 | -0.8 | 55.5 | 108.3 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | 2.5 | -7.2 | -5.4 | -14.6 | 13.1 | -14.3 | -3.8 | -4.9 | 1.4 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 18.9 | -14.6 | 54.8 | 48.6 | -3.4 | 26.2 | 63.9 | 82.2 | 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: March 10, 2022