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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 579.1 | 587.7 | 755.7 | 1230.2 | 894.9 | 1229.2 | 1309.1 | 1487.7 | 1525.9 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 321.1 | 297.6 | 478.1 | 893.6 | 660.3 | 955.4 | 969.8 | 989.1 | 1084.9 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 125.2 | 134.6 | 132.6 | 127.9 | 111.9 | 100.5 | 109.1 | 190.1 | 155.8 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 123.2 | 133.3 | 124.3 | 195.5 | 109.7 | 160.2 | 217.0 | 295.2 | 275.0 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 9.5 | 22.2 | 20.7 | 13.1 | 12.9 | 13.1 | 13.2 | 13.2 | 10.2 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 579.1 | 587.7 | 755.7 | 1230.2 | 894.9 | 1229.2 | 1309.1 | 1487.7 | 1525.9 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 290.4 | 288.7 | 450.3 | 838.4 | 621.3 | 894.5 | 908.0 | 929.7 | 1013.9 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 304.5 | 297.1 | 303.7 | 400.6 | 296.9 | 345.0 | 425.6 | 535.0 | 519.8 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | 97.8 | 209.2 | 68.7 | 126.8 | 85.8 | 112.0 | 144.3 | 165.0 | 192.0 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 206.7 | 87.9 | 234.9 | 273.8 | 211.1 | 233.1 | 281.2 | 370.0 | 327.8 | 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 | 1.9 | 1.8 | -8.8 | -23.4 | -10.3 | -24.5 | 23.0 | -7.8 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 579.1 | 587.7 | 755.7 | 1230.2 | 894.9 | 1229.2 | 1309.1 | 1487.7 | 1525.9 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -5.5 | -2.5 | -1.6 | -4.7 | -3.0 | -5.5 | -5.0 | -5.1 | -3.4 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.0 | 2.2 | 8.0 | 6.7 | 6.3 | 6.5 | 6.8 | 7.0 | 7.3 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 1.0 | 1.7 | 4.3 | 3.8 | 6.1 | 0.7 | 5.2 | 3.1 | 4.6 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 3.4 | 0.6 | 3.3 | 6.0 | 4.4 | 4.9 | 8.2 | 6.5 | 7.2 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -0.4 | -0.3 | -0.2 | -0.3 | -0.3 | -0.3 | -0.4 | -0.3 | -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 | 3.2 | 0.1 | 2.5 | 3.4 | 2.7 | 1.6 | 3.8 | 5.4 | 2.1 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.6 | 0.9 | 1.1 | 2.9 | 1.9 | 3.6 | 4.7 | 1.4 | 5.4 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | -0.1 | -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 | 2.1 | -1.9 | 5.3 | 3.3 | 7.6 | 4.1 | 2.1 | -0.6 | -3.0 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 170.3 | 214.7 | 87.7 | 210.6 | -85.8 | 135.1 | 376.2 | 416.9 | 375.0 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 122.2 | 171.8 | 41.1 | 144.5 | -109.9 | 77.1 | 299.3 | 311.4 | 296.8 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 8.1 | 2.8 | 0.6 | 10.1 | -2.4 | 4.1 | 9.5 | 29.3 | 15.3 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | -1.7 | -1.5 | 0.3 | -1.5 | -1.9 | -2.3 | -0.2 | -1.6 | -2.8 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 41.8 | 41.6 | 45.6 | 57.5 | 28.4 | 56.2 | 67.7 | 77.8 | 65.7 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.7 | 2.4 | 1.4 | 3.4 | 0.3 | 4.8 | 3.6 | 4.9 | 7.5 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 61.4 | 51.1 | 25.5 | 46.2 | 12.7 | 46.5 | 58.8 | 66.8 | 71.9 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | -2.8 | -0.6 | -5.1 | -2.8 | -1.6 | -3.5 | -3.3 | -2.6 | -4.8 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 5.4 | -1.5 | -0.9 | 1.1 | 2.0 | -0.3 | 0.9 | 1.9 | 1.1 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 145.1 | 180.0 | 632.9 | 783.1 | 894.5 | 862.1 | 671.3 | 704.6 | 806.2 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 70.3 | 77.5 | 290.4 | 309.6 | 354.8 | 452.0 | 170.5 | 261.0 | 377.7 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 59.1 | 85.1 | 335.3 | 462.9 | 536.6 | 400.9 | 489.3 | 424.9 | 415.7 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 6.9 | 6.0 | 14.9 | 16.9 | 12.9 | 18.7 | 14.0 | 21.8 | 8.0 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 8.7 | 9.9 | -9.7 | -7.3 | -10.0 | -11.4 | -3.7 | -4.1 | 4.1 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.1 | 1.4 | 1.9 | 1.1 | 0.3 | 1.8 | 1.1 | 1.0 | 0.7 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 165.8 | 113.8 | 22.3 | 73.5 | 33.7 | 117.5 | 51.5 | 91.2 | 152.5 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 128.8 | 75.3 | -14.2 | 45.8 | -12.1 | 73.9 | 44.3 | 77.1 | 153.0 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 40.9 | 39.9 | 37.7 | 28.0 | 46.5 | 44.3 | 8.0 | 13.2 | -0.3 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -3.7 | -1.1 | -1.1 | -0.6 | -0.4 | -0.8 | -0.8 | -0.4 | -0.1 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -0.2 | -0.4 | -0.2 | 0.3 | -0.4 | 0.1 | 0.1 | 1.3 | -0.1 | 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 | 17.0 | 6.4 | -12.1 | 41.3 | 3.9 | -2.2 | 53.4 | 110.2 | 77.7 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -8.9 | 2.5 | -7.2 | -5.4 | -14.3 | -3.8 | -4.9 | 1.4 | -12.6 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 20.2 | 18.9 | -8.2 | 64.1 | 28.1 | 62.3 | 84.3 | 81.7 | 38.9 | 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 9, 2022