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 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 19643.7 | 20281.6 | 19792.7 | 19948.3 | 20128.6 | 20281.6 | 20373.5 | 20515.4 | 20678.8 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 13576.6 | 13972.6 | 13644.4 | 13745.8 | 13871.9 | 13972.6 | 14013 | 14118.5 | 14230.3 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 2091.6 | 2203.2 | 2125.2 | 2152.3 | 2178 | 2203.2 | 2228.6 | 2250.9 | 2279.5 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3641.2 | 3761.2 | 3686.2 | 3710.8 | 3736.7 | 3761.2 | 3783.6 | 3793.9 | 3813.2 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 334.4 | 344.6 | 336.9 | 339.5 | 342 | 344.6 | 348.3 | 352.1 | 355.8 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 19643.7 | 20281.6 | 19792.7 | 19948.3 | 20128.6 | 20281.6 | 20373.5 | 20515.4 | 20678.8 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 13089.7 | 13501.5 | 13160.5 | 13265.3 | 13395.7 | 13501.5 | 13542.5 | 13650.1 | 13762.9 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 6554 | 6780.2 | 6632.2 | 6683 | 6732.9 | 6780.2 | 6831 | 6865.3 | 6915.9 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 1312.4 | 1347.7 | 1330.3 | 1328 | 1332.6 | 1347.7 | 1351.7 | 1352.4 | 1360.7 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 5241.7 | 5432.4 | 5301.9 | 5354.9 | 5400.3 | 5432.4 | 5479.3 | 5512.8 | 5555.1 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| All sectors; total mortgages; asset | FL893065005 | 19643.7 | 20281.6 | 19792.7 | 19948.3 | 20128.6 | 20281.6 | 20373.5 | 20515.4 | 20678.8 | 12 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 75 | 74 | 75.2 | 74.4 | 74.5 | 74 | 73.1 | 71.9 | 70.4 | 13 |
| Nonfinancial corporate business; total mortgages; asset | FL103065005 | 118.6 | 126.7 | 125 | 125.4 | 125.3 | 126.7 | 126.1 | 127.9 | 127.3 | 14 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 53.8 | 55.2 | 54.5 | 54.7 | 54.9 | 55.2 | 55.5 | 55.7 | 56.1 | 15 |
| Federal government; total mortgages; asset | FL313065005 | 168 | 176 | 169.7 | 170.7 | 173.7 | 176 | 178.2 | 180.4 | 181.6 | 16 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 23.2 | 21.1 | 23 | 22.3 | 21.7 | 21.1 | 20.7 | 20.1 | 19.5 | 17 |
| 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 | 116 | 122 | 117.1 | 117.9 | 120.4 | 122 | 123.4 | 125 | 125.8 | 18 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 28.7 | 32.9 | 29.6 | 30.5 | 31.6 | 32.9 | 34.2 | 35.3 | 36.3 | 19 |
| 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 | 20 |
| State and local governments; total mortgages; asset | FL213065005 | 220.6 | 232.8 | 226.1 | 226.7 | 224.3 | 232.8 | 233.7 | 239.9 | 246.6 | 21 |
| Private depository institutions; total mortgages; asset | FL703065005 | 6623.8 | 6902.1 | 6711.5 | 6782.3 | 6846.9 | 6902.1 | 6927.8 | 6976.9 | 7009.8 | 22 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5687.8 | 5893.2 | 5757.2 | 5806.6 | 5852.8 | 5893.2 | 5911.1 | 5943.5 | 5962.7 | 23 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 107.5 | 111.9 | 110.7 | 113.6 | 111.7 | 111.9 | 113.4 | 116.3 | 114.7 | 24 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 21.7 | 22.6 | 21.7 | 21.7 | 22 | 22.6 | 21.8 | 21.9 | 22.2 | 25 |
| Credit unions; total mortgages; asset | FL473065005 | 806.8 | 874.4 | 821.8 | 840.4 | 860.4 | 874.4 | 881.5 | 895.2 | 910.2 | 26 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 30.4 | 32.9 | 30.5 | 31.7 | 31.8 | 32.9 | 33.2 | 33.1 | 33.1 | 27 |
| Life insurance companies; total mortgages; asset | FL543065005 | 779.4 | 824.6 | 790.8 | 804.3 | 816.9 | 824.6 | 836.6 | 850.3 | 874.5 | 28 |
| Private pension funds; total mortgages; asset | FL573065005 | 18.7 | 15.7 | 18.2 | 17.1 | 16.3 | 15.7 | 15.1 | 14.2 | 13 | 29 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 6.5 | 4.7 | 6.5 | 5.6 | 5.4 | 4.7 | 4.3 | 4.5 | 4.3 | 30 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 7323.6 | 7427.7 | 7321.9 | 7356.2 | 7400.8 | 7427.7 | 7431 | 7456.7 | 7501.9 | 31 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 4075.6 | 4102.6 | 4072.6 | 4084.5 | 4100.3 | 4102.6 | 4097.3 | 4098.3 | 4106.8 | 32 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 3003 | 3069.1 | 3005.9 | 3025.3 | 3049.4 | 3069.1 | 3075.3 | 3094.6 | 3125.6 | 33 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 179.8 | 184.8 | 178.2 | 179.5 | 182.1 | 184.8 | 185.8 | 188.7 | 191.4 | 34 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 56.1 | 61.4 | 56.3 | 57.7 | 59.9 | 61.4 | 62.7 | 65.1 | 67.5 | 35 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 9 | 9.6 | 8.9 | 9.1 | 9.1 | 9.6 | 9.8 | 10 | 10.7 | 36 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2687.9 | 2870.7 | 2717.9 | 2765 | 2820.9 | 2870.7 | 2906.2 | 2950.8 | 2994.4 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2337.1 | 2518.4 | 2370 | 2418.2 | 2472.8 | 2518.4 | 2553.1 | 2597.4 | 2642.6 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 345.1 | 346 | 342.1 | 340.5 | 341.8 | 346 | 346.8 | 347.1 | 345.5 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 4.6 | 4.4 | 4.5 | 4.5 | 4.5 | 4.4 | 4.4 | 4.3 | 4.3 | 40 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.2 | 1.9 | 1.2 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 2 | 41 |
| 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 | 42 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 900 | 924.8 | 912.3 | 912.6 | 924.4 | 924.8 | 944.7 | 945.7 | 961.4 | 43 |
| Finance companies; total mortgages; asset | FL613065000 | 341.1 | 331.6 | 338.2 | 336.4 | 332.3 | 331.6 | 328.3 | 328 | 325.6 | 44 |
| Mortgage real estate investment trusts; total mortgages; asset | FL643065075 | 296.3 | 282 | 294.4 | 285.1 | 280.3 | 282 | 279.8 | 279.4 | 278.9 | 45 |
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 12, 2024