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 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 19629.9 | 20261.0 | 20833.3 | 20110.9 | 20261.0 | 20352.9 | 20496.2 | 20659.6 | 20833.3 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 13565.2 | 13956.7 | 14321.5 | 13858.2 | 13956.7 | 13997.1 | 14104.7 | 14216.4 | 14321.5 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 2089.5 | 2199.1 | 2312.8 | 2174.4 | 2199.1 | 2224.0 | 2245.7 | 2274.1 | 2312.8 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3640.7 | 3760.6 | 3838.9 | 3736.2 | 3760.6 | 3783.3 | 3793.4 | 3812.8 | 3838.9 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 334.4 | 344.6 | 360.2 | 342.0 | 344.6 | 348.5 | 352.4 | 356.3 | 360.2 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 19629.9 | 20261.0 | 20833.3 | 20110.9 | 20261.0 | 20352.9 | 20496.2 | 20659.6 | 20833.3 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 13082.2 | 13469.4 | 13818.7 | 13371.5 | 13469.4 | 13505.4 | 13608.6 | 13716.0 | 13818.7 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 6547.7 | 6791.6 | 7014.6 | 6739.4 | 6791.6 | 6847.5 | 6887.6 | 6943.6 | 7014.6 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 1306.1 | 1359.2 | 1407.8 | 1339.1 | 1359.2 | 1368.1 | 1374.5 | 1388.1 | 1407.8 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 5241.7 | 5432.4 | 5606.7 | 5400.3 | 5432.4 | 5479.4 | 5513.1 | 5555.5 | 5606.7 | 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 |
| All sectors; total mortgages; asset | FL893065005 | 19629.9 | 20261.0 | 20833.3 | 20110.9 | 20261.0 | 20352.9 | 20496.2 | 20659.6 | 20833.3 | 12 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 75.0 | 74.1 | 69.0 | 74.6 | 74.1 | 73.1 | 72.0 | 70.5 | 69.0 | 13 |
| Nonfinancial corporate business; total mortgages; asset | FL103065005 | 118.6 | 126.7 | 126.6 | 125.3 | 126.7 | 126.1 | 127.9 | 127.3 | 126.6 | 14 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 53.8 | 55.2 | 56.5 | 54.9 | 55.2 | 55.5 | 55.7 | 56.1 | 56.5 | 15 |
| Federal government; total mortgages; asset | FL313065005 | 167.9 | 176.0 | 183.9 | 173.7 | 176.0 | 178.2 | 180.4 | 181.6 | 183.9 | 16 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 23.2 | 21.1 | 18.9 | 21.7 | 21.1 | 20.7 | 20.1 | 19.5 | 18.9 | 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 | 116.0 | 122.0 | 127.6 | 120.4 | 122.0 | 123.4 | 125.0 | 125.8 | 127.6 | 18 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 28.7 | 32.9 | 37.5 | 31.6 | 32.9 | 34.2 | 35.3 | 36.3 | 37.5 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20 |
| State and local governments; total mortgages; asset | FL213065005 | 215.4 | 222.8 | 229.1 | 215.6 | 222.8 | 222.6 | 227.5 | 233.2 | 229.1 | 21 |
| Private depository institutions; total mortgages; asset | FL703065005 | 6615.2 | 6891.8 | 7029.2 | 6838.1 | 6891.8 | 6918.7 | 6970.5 | 7003.9 | 7029.2 | 22 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5687.8 | 5893.2 | 5970.7 | 5852.8 | 5893.2 | 5911.1 | 5943.6 | 5962.7 | 5970.7 | 23 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 107.5 | 111.9 | 114.4 | 111.7 | 111.9 | 113.4 | 116.3 | 114.7 | 114.4 | 24 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 21.7 | 22.6 | 23.6 | 22.0 | 22.6 | 22.8 | 22.9 | 23.2 | 23.6 | 25 |
| Credit unions; total mortgages; asset | FL473065005 | 798.2 | 864.1 | 920.5 | 851.6 | 864.1 | 871.4 | 887.8 | 903.3 | 920.5 | 26 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 30.4 | 32.9 | 32.5 | 31.8 | 32.9 | 33.2 | 33.1 | 33.1 | 32.5 | 27 |
| Life insurance companies; total mortgages; asset | FL543065005 | 779.4 | 824.6 | 898.0 | 816.9 | 824.6 | 836.6 | 850.3 | 874.5 | 898.0 | 28 |
| Private pension funds; total mortgages; asset | FL573065005 | 18.7 | 15.4 | 11.5 | 16.0 | 15.4 | 14.8 | 13.9 | 12.7 | 11.5 | 29 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 6.5 | 4.7 | 4.4 | 5.4 | 4.7 | 4.1 | 4.4 | 4.6 | 4.4 | 30 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 7323.6 | 7427.7 | 7552.5 | 7400.8 | 7427.7 | 7431.0 | 7456.7 | 7501.9 | 7552.5 | 31 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 4075.6 | 4102.6 | 4110.2 | 4100.3 | 4102.6 | 4097.3 | 4098.3 | 4106.8 | 4110.2 | 32 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 3003.0 | 3069.1 | 3166.9 | 3049.4 | 3069.1 | 3075.3 | 3094.6 | 3125.6 | 3166.9 | 33 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 179.8 | 184.8 | 195.5 | 182.1 | 184.8 | 185.8 | 188.7 | 191.4 | 195.5 | 34 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 56.1 | 61.4 | 68.7 | 59.9 | 61.4 | 62.7 | 65.1 | 67.5 | 68.7 | 35 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 9.0 | 9.6 | 11.2 | 9.1 | 9.6 | 9.8 | 10.0 | 10.7 | 11.2 | 36 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2687.9 | 2870.7 | 3044.6 | 2820.9 | 2870.7 | 2906.2 | 2950.8 | 2994.4 | 3044.6 | 37 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2337.1 | 2518.4 | 2696.0 | 2472.8 | 2518.4 | 2553.1 | 2597.4 | 2642.6 | 2696.0 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 345.1 | 346.0 | 342.2 | 341.8 | 346.0 | 346.8 | 347.1 | 345.5 | 342.2 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 4.6 | 4.4 | 4.3 | 4.5 | 4.4 | 4.4 | 4.3 | 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 | 2.1 | 1.8 | 1.9 | 1.9 | 1.9 | 2.0 | 2.1 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 42 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 900.0 | 924.8 | 992.3 | 924.4 | 924.8 | 944.7 | 945.7 | 961.4 | 992.3 | 43 |
| Finance companies; total mortgages; asset | FL613065000 | 341.1 | 331.6 | 324.3 | 332.3 | 331.6 | 328.3 | 328.0 | 325.6 | 324.3 | 44 |
| Mortgage real estate investment trusts; total mortgages; asset | FL643065075 | 296.3 | 282.0 | 278.8 | 280.3 | 282.0 | 279.8 | 279.4 | 278.9 | 278.8 | 45 |
NOTES
- Sum of one-to-four-family residential mortgages, multifamily residential mortgages, commercial mortgages, and farm mortgages.
- 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 13, 2025