Financial Accounts of the United States - Z.1
F.218 One-to-four-family residential mortgages1
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net borrowing | FA893065105 | 386.9 | 392.8 | 415.2 | 452.8 | 355.2 | 361.5 | 503.9 | 501.2 | 294.1 |
| Line 2 | Household sector | FA153165105 | 367.0 | 367.9 | 390.0 | 425.1 | 336.6 | 340.2 | 475.0 | 471.0 | 273.7 |
| Line 3 | Nonfinancial corporate business | FA103165105 | -1.5 | -1.5 | 0.3 | -0.6 | -1.0 | 0.5 | -0.2 | 1.2 | -0.1 |
| Line 4 | Nonfinancial noncorporate business | FA113165105 | 21.4 | 26.3 | 24.8 | 28.3 | 19.7 | 20.7 | 29.1 | 29.0 | 20.5 |
| Line 5 | Net change in assets | FA893065105 | 386.9 | 392.8 | 415.2 | 452.8 | 355.2 | 361.5 | 503.9 | 501.2 | 294.1 |
| Line 6 | Household sector | FA153065103 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 | -3.5 |
| Line 7 | Nonfinancial corporate business | FA103065105 | 7.2 | 0.2 | 0.3 | 0.3 | 0.2 | -0.1 | 0.4 | 0.2 | 0.6 |
| Line 8 | Nonfinancial noncorporate business | FA113065103 | 0.5 | 0.5 | 0.6 | 0.5 | 0.6 | 0.5 | 0.3 | 0.6 | 0.8 |
| Line 9 | Federal government | FA313065105 | 2.8 | 2.7 | 2.4 | 1.8 | 3.0 | 3.3 | 3.5 | 3.4 | -0.5 |
| Line 10 | State and local governments | FA213065103 | -15.9 | 2.8 | 7.5 | 2.8 | 2.8 | 7.3 | 7.4 | 7.6 | 7.7 |
| Line 11 | U.S.-chartered depository institutions | FA763065105 | 78.7 | 39.1 | 56.3 | 55.0 | 35.3 | 4.4 | 88.9 | 79.0 | 53.0 |
| Line 12 | Foreign banking offices in U.S. | FA753065103 | -0.3 | 0.3 | 0.2 | -0.1 | 1.5 | 0.0 | -0.1 | 0.1 | 0.6 |
| Line 13 | Banks in U.S.-affiliated areas | FA743065103 | 0.3 | 0.5 | 0.4 | 0.5 | 0.8 | -0.3 | 0.6 | 0.7 | 0.7 |
| Line 14 | Credit unions | FA473065100 | 48.8 | 40.7 | 53.2 | 50.6 | 31.3 | 51.1 | 62.3 | 72.4 | 27.1 |
| Line 15 | Life insurance companies | FA543065105 | 21.7 | 33.4 | 35.5 | 37.9 | 35.0 | 29.9 | 38.6 | 32.8 | 40.7 |
| Line 16 | Private pension funds | FA573065103 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Line 17 | State and local govt. pension funds | FA223065143 | -0.6 | 0.1 | 0.0 | 0.1 | 1.0 | -0.1 | 0.2 | 0.1 | -0.1 |
| Line 18 | Government-sponsored enterprises | FA403065105 | 61.0 | 51.3 | 17.5 | 82.1 | -3.0 | 70.9 | 40.4 | 12.4 | -53.6 |
| Line 19 | Agency- and GSE-backed mortgage pools | FA413065105 | 174.1 | 172.5 | 173.0 | 178.2 | 179.9 | 149.5 | 197.8 | 209.7 | 135.2 |
| Line 20 | ABS issuers | FA673065105 | 11.6 | 45.3 | 48.5 | 41.0 | 57.6 | 52.1 | 49.0 | 55.1 | 37.9 |
| Line 21 | Finance companies | FA613065105 | -4.4 | -6.2 | -6.6 | -6.9 | -0.2 | -16.2 | -5.0 | 4.9 | -10.1 |
| Line 22 | Mortgage REITs | FA643065173 | 4.4 | 12.7 | 29.6 | 12.4 | 12.6 | 12.4 | 22.9 | 25.7 | 57.4 |
| Memo: | |||||||||||
| Line 23 | Charge-offs2 | FV893065153 | 4.3 | 4.1 | 4.3 | 1.1 | 1.1 | 1.0 | 1.0 | 1.3 | 1.0 |
| Line 24 | Home equity loans included above3 | FA893065125 | 33.8 | 50.7 | 61.9 | 55.3 | 62.3 | 36.2 | 74.5 | 72.5 | 64.4 |
| Line 25 | U.S.-chartered depository institutions | FA763065125 | 6.4 | 17.9 | 23.3 | 22.5 | 25.2 | 7.1 | 38.1 | 21.9 | 26.3 |
| Line 26 | Foreign banking offices in U.S. | FA753065203 | -0.0 | 0.3 | 0.2 | -0.2 | 0.9 | 0.3 | -0.0 | -0.3 | 0.7 |
| Line 27 | Credit unions | FA473065125 | 26.1 | 23.6 | 23.3 | 28.1 | 23.6 | 17.9 | 27.4 | 28.6 | 19.2 |
| Line 28 | ABS issuers | FA673065123 | 2.3 | 10.1 | 16.5 | 6.8 | 13.5 | 12.2 | 10.5 | 22.0 | 21.2 |
| Line 29 | Finance companies | FA613065123 | -0.9 | -1.2 | -1.3 | -2.0 | -0.9 | -1.3 | -1.4 | 0.3 | -2.9 |
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: 2026-03-19