Financial Accounts of the United States - Z.1
L.217 Total mortgages1
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total mortgages (by instrument) | FL893065005 | 20291.4 | 20868.2 | 21559.6 | 20707.0 | 20868.2 | 20967.5 | 21153.1 | 21365.7 | 21559.6 |
| Line 2 | One-to-four-family residential | FL893065105 | 13970.5 | 14359.2 | 14770.1 | 14243.6 | 14359.2 | 14417.0 | 14541.0 | 14665.7 | 14770.1 |
| Line 3 | Multifamily residential | FL893065405 | 2202.8 | 2305.4 | 2446.7 | 2270.3 | 2305.4 | 2330.2 | 2352.2 | 2392.5 | 2446.7 |
| Line 4 | Commercial | FL893065505 | 3773.2 | 3836.3 | 3957.0 | 3831.4 | 3836.3 | 3848.3 | 3883.4 | 3926.3 | 3957.0 |
| Line 5 | Farm | FL893065603 | 344.9 | 367.3 | 385.9 | 361.7 | 367.3 | 371.9 | 376.5 | 381.2 | 385.9 |
| Line 6 | Total liabilities | FL893065005 | 20291.4 | 20868.2 | 21559.6 | 20707.0 | 20868.2 | 20967.5 | 21153.1 | 21365.7 | 21559.6 |
| Line 7 | Household sector | FL153165005 | 13547.4 | 13930.0 | 14356.4 | 13817.3 | 13930.0 | 13988.1 | 14114.7 | 14245.6 | 14356.4 |
| Line 8 | Nonfinancial business | FL143165005 | 6744.1 | 6938.2 | 7203.2 | 6889.7 | 6938.2 | 6979.4 | 7038.4 | 7120.1 | 7203.2 |
| Line 9 | Corporate | FL103165005 | 1350.5 | 1385.1 | 1444.7 | 1380.1 | 1385.1 | 1390.4 | 1408.0 | 1429.4 | 1444.7 |
| Line 10 | Noncorporate | FL113165005 | 5393.6 | 5553.1 | 5758.5 | 5509.6 | 5553.1 | 5589.0 | 5630.4 | 5690.7 | 5758.5 |
| Line 11 | Federal government | FL313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 12 | Total assets | FL893065005 | 20291.4 | 20868.2 | 21559.6 | 20707.0 | 20868.2 | 20967.5 | 21153.1 | 21365.7 | 21559.6 |
| Line 13 | Household sector | FL153065005 | 73.9 | 70.4 | 64.5 | 71.5 | 70.4 | 69.1 | 68.0 | 66.0 | 64.5 |
| Line 14 | Nonfinancial corporate business | FL103065005 | 141.2 | 145.1 | 142.8 | 144.6 | 145.1 | 145.2 | 145.1 | 145.4 | 142.8 |
| Line 15 | Nonfinancial noncorporate business | FL113065005 | 55.2 | 56.5 | 58.1 | 56.1 | 56.5 | 56.9 | 57.1 | 57.5 | 58.1 |
| Line 16 | Federal government | FL313065005 | 176.0 | 183.9 | 191.5 | 181.6 | 183.9 | 186.4 | 187.3 | 191.1 | 191.5 |
| Line 17 | Ginnie Mae | FL313065015 | 21.1 | 18.9 | 16.1 | 19.5 | 18.9 | 18.2 | 17.5 | 16.8 | 16.1 |
| Line 18 | Farmers Home Administration (FmHA)2 | FL313065075 | 122.0 | 127.6 | 132.6 | 125.8 | 127.6 | 129.2 | 129.2 | 132.1 | 132.6 |
| Line 19 | Federal Housing Administration (FHA) | FL313065035 | 32.9 | 37.5 | 42.7 | 36.3 | 37.5 | 38.9 | 40.6 | 42.2 | 42.7 |
| Line 20 | Other3 | FL313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 21 | State and local governments | FL213065005 | 228.4 | 233.7 | 248.1 | 232.3 | 233.7 | 237.2 | 240.8 | 244.4 | 248.1 |
| Line 22 | Private depository institutions | FL703065005 | 6892.1 | 7029.6 | 7228.6 | 7004.3 | 7029.6 | 7048.4 | 7115.1 | 7166.0 | 7228.6 |
| Line 23 | U.S.-chartered depository institutions | FL763065005 | 5893.5 | 5971.1 | 6096.5 | 5963.1 | 5971.1 | 5979.6 | 6021.2 | 6051.4 | 6096.5 |
| Line 24 | Foreign banking offices in U.S. | FL753065005 | 111.9 | 114.3 | 117.2 | 114.7 | 114.3 | 112.5 | 115.9 | 115.0 | 117.2 |
| Line 25 | Banks in U.S.-affiliated areas | FL743065003 | 22.6 | 23.6 | 24.2 | 23.2 | 23.6 | 23.3 | 23.6 | 23.9 | 24.2 |
| Line 26 | Credit unions | FL473065005 | 864.1 | 920.6 | 990.7 | 903.3 | 920.6 | 932.9 | 954.4 | 975.6 | 990.7 |
| Line 27 | Property-casualty insurance companies | FL513065505 | 32.9 | 32.4 | 33.1 | 33.0 | 32.4 | 32.1 | 33.0 | 33.2 | 33.1 |
| Line 28 | Life insurance companies | FL543065005 | 824.6 | 891.8 | 956.5 | 877.0 | 891.8 | 900.1 | 920.9 | 934.5 | 956.5 |
| Line 29 | Private pension funds | FL573065005 | 25.4 | 28.5 | 31.5 | 27.7 | 28.5 | 29.3 | 30.2 | 30.7 | 31.5 |
| Line 30 | State and local govt. pension funds | FL223065043 | 4.8 | 5.2 | 5.3 | 4.5 | 5.2 | 5.1 | 5.3 | 5.4 | 5.3 |
| Line 31 | Government-sponsored enterprises | FL403065005 | 7427.7 | 7553.5 | 7668.2 | 7501.9 | 7553.5 | 7559.2 | 7575.5 | 7622.4 | 7668.2 |
| Line 32 | Fannie Mae | FL403065015 | 4102.6 | 4110.2 | 4095.9 | 4106.8 | 4110.2 | 4100.2 | 4095.0 | 4098.6 | 4095.9 |
| Line 33 | Freddie Mac | FL403065025 | 3069.1 | 3166.9 | 3272.3 | 3125.6 | 3166.9 | 3179.8 | 3193.8 | 3230.8 | 3272.3 |
| Line 34 | Farm Credit System | FL403065045 | 184.8 | 195.5 | 206.9 | 191.4 | 195.5 | 196.4 | 200.1 | 202.6 | 206.9 |
| Line 35 | FHLB | FL403065035 | 61.4 | 69.7 | 79.3 | 67.5 | 69.7 | 71.3 | 74.3 | 77.2 | 79.3 |
| Line 36 | Farmer Mac | FL403065653 | 9.6 | 11.2 | 13.9 | 10.7 | 11.2 | 11.6 | 12.2 | 13.2 | 13.9 |
| Line 37 | Agency- and GSE-backed mortgage pools | FL413065005 | 2870.7 | 3044.6 | 3209.9 | 2994.4 | 3044.6 | 3078.0 | 3127.1 | 3172.7 | 3209.9 |
| Line 38 | Ginnie Mae | FL413065015 | 2518.4 | 2696.0 | 2879.1 | 2642.6 | 2696.0 | 2730.2 | 2780.4 | 2833.5 | 2879.1 |
| Line 39 | Freddie Mac | FL413065025 | 346.0 | 342.2 | 324.2 | 345.5 | 342.2 | 341.3 | 340.0 | 332.6 | 324.2 |
| Line 40 | Fannie Mae | FL413065045 | 4.4 | 4.3 | 4.1 | 4.3 | 4.3 | 4.2 | 4.2 | 4.2 | 4.1 |
| Line 41 | Farmer Mac | FL413065653 | 1.9 | 2.1 | 2.5 | 2.0 | 2.1 | 2.3 | 2.5 | 2.4 | 2.5 |
| Line 42 | Farmers Home Administration (FmHA)2 | FL413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 43 | ABS issuers | FL673065005 | 924.8 | 993.5 | 1099.3 | 973.6 | 993.5 | 1019.5 | 1042.3 | 1083.9 | 1099.3 |
| Line 44 | Finance companies | FL613065000 | 331.6 | 324.3 | 318.9 | 325.6 | 324.3 | 322.4 | 320.2 | 322.4 | 318.9 |
| Line 45 | Mortgage REITs | FL643065075 | 282.0 | 275.2 | 303.3 | 278.9 | 275.2 | 278.7 | 285.3 | 290.3 | 303.3 |
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: 2026-03-19