F.221 Farm 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 FA893065603 10.5 22.4 18.6 22.5 22.5 18.3 18.6 18.8 18.8
Line 2 Nonfinancial corporate business FA183165603 3.6 6.9 7.1 7.2 7.2 6.7 7.4 7.3 7.0
Line 3 Nonfinancial noncorporate business FA233165605 6.9 15.5 11.5 15.4 15.4 11.7 11.1 11.5 11.7
Line 4 Net change in assets FA893065603 10.5 22.4 18.6 22.5 22.5 18.3 18.6 18.8 18.8
Line 5 Household sector FA153065605 2.6 -0.1 -2.4 -1.2 -1.0 -1.6 -0.9 -4.6 -2.5
Line 6 Nonfinancial noncorporate business FA113065603 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 7 Federal government FA313065605 1.1 1.5 1.2 1.4 1.6 1.1 0.0 3.0 0.6
Line 8 State and local governments FA213065603 -0.2 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1
Line 9 U.S.-chartered depository institutions FA763065633 1.9 4.2 5.7 4.2 4.2 5.6 5.7 5.8 5.8
Line 10 Foreign banking offices in U.S. FA753065603 -0.1 0.1 0.3 0.4 -0.0 0.3 -0.0 0.3 0.8
Line 11 Credit unions FA473065603 0.2 0.1 0.3 0.1 0.2 0.2 0.2 0.3 0.5
Line 12 Life insurance companies FA543065633 0.3 0.7 1.2 0.7 0.7 1.2 1.2 1.2 1.2
Line 13 State and local govt. pension funds FA223065643 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 14 Government-sponsored enterprises FA403065605 4.0 15.6 11.9 16.6 16.2 10.9 11.6 13.1 12.0
Line 15 Agency- and GSE-backed mortgage pools FA413065605 0.7 0.3 0.3 0.2 0.6 0.6 0.8 -0.3 0.3

Note:

  1. Excludes mortgages on farm houses.

Last Update: 2026-03-19