Financial Accounts of the United States - Z.1
L.217 Total Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2018 | 2019 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 15463.4 | 16032.4 | 16779.3 | 18005.0 | 16965.4 | 17275.2 | 17611.4 | 18005.0 | 18348.7 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 10897.2 | 11178.0 | 11647.3 | 12536.5 | 11781.5 | 12022.2 | 12274.3 | 12536.5 | 12776.9 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1488.4 | 1622.1 | 1754.7 | 1882.6 | 1782.7 | 1807.8 | 1835.1 | 1882.6 | 1921.5 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 2832.0 | 2964.4 | 3088.7 | 3284.2 | 3109.5 | 3150.1 | 3203.7 | 3284.2 | 3346.1 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 245.7 | 267.9 | 288.6 | 301.7 | 291.8 | 295.1 | 298.4 | 301.7 | 304.2 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 15463.4 | 16032.4 | 16779.3 | 18005.0 | 16965.4 | 17275.2 | 17611.4 | 18005.0 | 18348.7 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 10460.0 | 10732.9 | 11174.9 | 12009.1 | 11299.4 | 11524.9 | 11761.6 | 12009.1 | 12231.7 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 4777.1 | 5075.1 | 5378.3 | 5763.1 | 5445.8 | 5532.6 | 5641.2 | 5763.1 | 5886.2 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 626.5 | 837.6 | 906.3 | 1017.6 | 921.1 | 949.8 | 988.1 | 1017.6 | 1058.8 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4150.7 | 4237.5 | 4471.9 | 4745.5 | 4524.6 | 4582.8 | 4653.1 | 4745.5 | 4827.4 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 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 | FL123165005 | 226.2 | 224.3 | 226.1 | 232.8 | 220.2 | 217.7 | 208.6 | 232.8 | 230.8 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 15463.4 | 16032.4 | 16779.3 | 18005.0 | 16965.4 | 17275.2 | 17611.4 | 18005.0 | 18348.7 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 84.6 | 82.1 | 80.5 | 75.9 | 79.8 | 78.4 | 77.2 | 75.9 | 75.0 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 34.2 | 36.4 | 44.4 | 51.1 | 46.0 | 47.7 | 49.4 | 51.1 | 52.9 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 49.0 | 50.7 | 55.0 | 58.7 | 56.5 | 56.7 | 58.0 | 58.7 | 59.9 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 123.2 | 123.8 | 127.2 | 133.1 | 128.2 | 129.5 | 131.5 | 133.1 | 134.9 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.8 | 2.5 | 2.3 | 2.0 | 2.2 | 2.1 | 2.0 | 2.0 | 1.9 | 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) | FL313065075 | 105.7 | 105.8 | 108.3 | 111.7 | 109.0 | 109.4 | 110.3 | 111.7 | 112.2 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 14.6 | 15.5 | 16.6 | 19.5 | 17.1 | 18.0 | 19.2 | 19.5 | 20.9 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 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) | FL313065095 | 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 | FL213065005 | 258.6 | 256.5 | 261.7 | 265.0 | 263.6 | 264.6 | 265.1 | 265.0 | 264.2 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5442.4 | 5654.9 | 5741.1 | 5950.6 | 5706.2 | 5751.8 | 5845.5 | 5950.6 | 6032.1 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 4817.7 | 4987.4 | 5027.1 | 5170.6 | 4990.0 | 5019.9 | 5094.0 | 5170.6 | 5236.6 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 77.6 | 80.4 | 81.0 | 91.1 | 80.4 | 81.4 | 83.8 | 91.1 | 94.9 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 24.1 | 22.6 | 22.9 | 21.4 | 22.4 | 21.9 | 21.8 | 21.4 | 20.7 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 523.0 | 564.5 | 610.1 | 667.5 | 613.4 | 628.7 | 645.9 | 667.5 | 679.9 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 20.5 | 22.9 | 24.3 | 27.7 | 24.3 | 25.5 | 26.4 | 27.7 | 29.5 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 568.1 | 619.2 | 644.7 | 690.9 | 646.8 | 657.6 | 673.0 | 690.9 | 708.1 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.8 | 23.2 | 18.1 | 15.4 | 17.7 | 16.8 | 16.0 | 15.4 | 14.1 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 12.3 | 7.9 | 6.9 | 8.1 | 7.4 | 7.4 | 7.6 | 8.1 | 8.3 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 5333.8 | 5510.7 | 6142.5 | 6924.1 | 6352.5 | 6560.3 | 6736.7 | 6924.1 | 7110.2 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3223.8 | 3300.0 | 3589.9 | 3899.0 | 3675.0 | 3782.6 | 3833.2 | 3899.0 | 3989.5 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 1909.8 | 1993.3 | 2328.0 | 2789.8 | 2453.0 | 2550.9 | 2673.4 | 2789.8 | 2883.3 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 133.6 | 139.6 | 154.6 | 171.4 | 157.8 | 162.5 | 166.0 | 171.4 | 173.4 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 62.5 | 72.4 | 62.8 | 55.5 | 59.4 | 56.5 | 56.1 | 55.5 | 55.5 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 4.0 | 5.4 | 7.3 | 8.3 | 7.3 | 7.8 | 8.1 | 8.3 | 8.5 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2292.3 | 2406.0 | 2428.3 | 2501.8 | 2431.4 | 2459.6 | 2474.7 | 2501.8 | 2534.7 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2042.2 | 2117.6 | 2103.4 | 2149.2 | 2095.0 | 2112.3 | 2125.6 | 2149.2 | 2182.3 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 241.0 | 281.0 | 318.7 | 346.7 | 330.3 | 341.4 | 343.4 | 346.7 | 346.6 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 7.5 | 6.4 | 5.3 | 4.7 | 5.2 | 5.0 | 4.8 | 4.7 | 4.7 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.5 | 1.1 | 0.9 | 1.2 | 0.8 | 0.9 | 0.9 | 1.2 | 1.2 | 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) | FL413065035 | 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 | FL673065005 | 850.8 | 847.1 | 828.8 | 868.4 | 823.6 | 824.0 | 835.6 | 868.4 | 881.4 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 114.8 | 117.2 | 110.0 | 104.6 | 108.6 | 107.0 | 105.4 | 104.6 | 103.7 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 255.0 | 273.9 | 265.7 | 329.8 | 272.7 | 288.3 | 309.3 | 329.8 | 339.5 | 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 9, 2022