Financial Accounts of the United States - Z.1
F.218 One-to-four-family Residential Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 896.9 | 400.3 | 397.1 | 405.2 | 488.2 | 310.7 | 289.5 | 426.4 | 438.7 | 1 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; liability | FA153165105 | 823.4 | 380.4 | 373.5 | 383.4 | 469.3 | 295.4 | 260.1 | 402.7 | 411 | 2 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; liability | FA103165105 | 3.3 | -1.5 | 0.5 | -2.4 | -2.4 | -1.8 | -1.5 | -2.7 | -0.6 | 3 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; liability | FA113165105 | 70.2 | 21.4 | 23.1 | 24.2 | 21.3 | 17.1 | 31 | 26.3 | 28.3 | 4 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 896.9 | 400.3 | 397.1 | 405.2 | 488.2 | 310.7 | 289.5 | 426.4 | 438.7 | 5 |
| Households and nonprofit organizations; one-to-four-family residential mortgages; asset | FA153065103 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | 6 |
| Nonfinancial corporate business; one-to-four-family residential mortgages; asset | FA103065105 | -10.8 | -1.5 | -0.9 | -1.2 | -1.3 | -2.6 | -1.2 | -1.2 | -1.1 | 7 |
| Nonfinancial noncorporate business; one-to-four-family residential mortgages; asset | FA113065103 | 0.8 | 0.5 | 0.9 | 0.4 | 0.2 | 0.4 | 0.4 | 0.4 | 0.5 | 8 |
| Federal government; one-to-four-family residential mortgages; asset | FA313065105 | 9 | 2.8 | 3 | 1.2 | 3 | 3.9 | 3.6 | 2.5 | 1.8 | 9 |
| State and local governments; one-to-four-family residential mortgages; asset | FA213065103 | 0.4 | 6.4 | 11.5 | 1.3 | -4.9 | 17.7 | 1.9 | 12.7 | 13.9 | 10 |
| U.S.-chartered depository institutions; one-to-four-family residential mortgages, including farm houses; asset | FA763065105 | 247.4 | 78.8 | 121.5 | 37.7 | 92.6 | 63.4 | 5.6 | 59.7 | 54.5 | 11 |
| Foreign banking offices in the U.S.; one-to-four-family residential mortgages; asset | FA753065103 | -0.3 | -0.3 | -0.1 | -0.3 | -0.4 | -0.2 | -0.3 | 0 | -0.1 | 12 |
| Banks in U.S.-affiliated areas; one-to-four-family residential mortgages; asset | FA743065103 | -0.6 | 0.3 | -0.3 | -0 | 0.6 | 1 | -1.7 | 0.4 | 0.5 | 13 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 109.8 | 50.5 | 59.4 | 51.7 | 65.7 | 25.2 | 35.6 | 33.5 | 48.9 | 14 |
| Life insurance companies; one-to-four-family residential mortgages, including farm houses; asset | FA543065105 | 16.2 | 22 | 20.9 | 22.7 | 24.4 | 19.8 | 7.3 | 2.7 | 11.1 | 15 |
| Private pension funds; one-to-four-family residential mortgages; asset | FA573065103 | -0.4 | -0.1 | -0.1 | -0.2 | -0.1 | -0.1 | -0.2 | -0.2 | -0.3 | 16 |
| State and local government employee defined benefit retirement funds; one-to-four-family residential mortgages; asset | FA223065143 | -0.1 | -0.6 | 0.1 | -1.4 | -0.3 | -1 | -0.6 | 0.4 | -0.4 | 17 |
| Government-sponsored enterprises; one-to-four-family residential mortgages; asset | FA403065105 | 349.3 | 61 | 42.9 | 107.8 | 88.6 | 4.8 | 49 | 90.3 | 88.8 | 18 |
| Agency-and GSE-backed mortgage pools; one-to-four-family residential mortgages; asset | FA413065105 | 178.3 | 174.1 | 142.9 | 186.8 | 212.7 | 153.9 | 154.9 | 177.1 | 178.2 | 19 |
| Issuers of asset-backed securities; one-to-four-family residential mortgages; asset | FA673065105 | 12.9 | 11.6 | 15.3 | 7.7 | 12.8 | 10.6 | 46.7 | 35.7 | 41 | 20 |
| Finance companies; one-to-four-family residential mortgages; asset | FA613065105 | -9.9 | -4.4 | -19 | -1.3 | -6.5 | 9.1 | -20.5 | 3 | -6.9 | 21 |
| Mortgage real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065173 | -1.7 | 2.8 | 2.5 | -4.3 | 4.7 | 8.2 | 12.5 | 12.8 | 11.9 | 22 |
| All sectors; one-to-four-family residential mortgage charge-offs (2) | FV893065153 | 3.6 | 4.3 | 0.9 | 0.8 | 1.5 | 1 | 0.9 | 1 | 1.2 | 23 |
| All sectors; home equity loans; asset (3) | FA893065125 | 32.3 | 34.4 | 11.1 | 35.4 | 45 | 46.3 | 20.7 | 57.3 | 61.2 | 24 |
| U.S.-chartered depository institutions; home equity loans; asset | FA763065125 | 12.7 | 6.4 | -7 | 4.5 | 10.5 | 17.5 | 0.8 | 22.6 | 22.6 | 25 |
| Foreign banking offices in the U.S.; home-equity lines of credit; asset | FA753065203 | -0 | -0 | -0 | -0 | -0 | 0 | -0 | 0.5 | -0.2 | 26 |
| Credit unions; home equity loans; asset | FA473065125 | 22.5 | 26.7 | 19.3 | 28.5 | 34.5 | 24.6 | 11.6 | 24.6 | 34 | 27 |
| Issuers of asset-backed securities; home equity loans; asset | FA673065123 | -1 | 2.3 | 0.8 | 3.1 | 1.9 | 3.3 | 10.6 | 9.5 | 6.8 | 28 |
| Finance companies; home equity loans; asset | FA613065123 | -2 | -0.9 | -2 | -0.7 | -1.8 | 0.9 | -2.2 | 0.1 | -2 | 29 |
NOTES
- Mortgages on 1-4 family properties including mortgages on farm houses.
- Charge-offs are excluded from transactions (line 1) and are accounted for as other changes in volume. Quarterly figures are shown at an unadjusted quarterly rate. Data begin 2007:Q1.
- Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals. Home equity loans held by U.S.-chartered depository institutions exclude charge-offs.
Last Update: December 12, 2024