[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-75.--Mortgage debt outstanding by type of property and of financing, 1945-97 [Billions of dollars] -------------------------------------------------------------------------------------------------------------------------------------------------------- Nonfarm properties Nonfarm properties by type of mortgage --------------------------------------------------------------------------------------------------- Government underwritten Conventional \2\ All Farm Multi- ----------------------------------------------------------- End of year or quarter properties properties 1- to 4- family Commercial 1- to 4-family houses Total family proper- proper- ------------------------------ 1- to houses ties ties Total FHA VA Total 4-family \1\ Total insured guaranteed houses -------------------------------------------------------------------------------------------------------------------------------------------------------- 1945........................ 35.5 4.8 30.8 18.6 5.7 6.4 4.3 4.3 4.1 0.2 26.5 14.3 1946........................ 41.8 4.9 36.9 23.0 6.1 7.7 6.3 6.1 3.7 2.4 30.6 16.9 1947........................ 48.9 5.1 43.9 28.2 6.6 9.1 9.8 9.3 3.8 5.5 34.1 18.9 1948........................ 56.2 5.3 50.9 33.3 7.5 10.2 13.6 12.5 5.3 7.2 37.3 20.8 1949........................ 62.7 5.6 57.1 37.6 8.6 10.8 17.1 15.0 6.9 8.1 40.0 22.6 1950........................ 72.8 6.1 66.7 45.2 10.1 11.5 22.1 18.8 8.5 10.3 44.7 26.3 1951........................ 82.3 6.7 75.6 51.7 11.5 12.5 26.6 22.9 9.7 13.2 49.1 28.9 1952........................ 91.4 7.2 84.2 58.5 12.3 13.4 29.3 25.4 10.8 14.6 54.9 33.2 1953........................ 101.3 7.7 93.6 66.1 12.9 14.5 32.1 28.1 12.0 16.1 61.5 38.0 1954........................ 113.7 8.2 105.4 75.7 13.5 16.3 36.2 32.1 12.8 19.3 69.3 43.6 1955........................ 129.9 9.0 120.9 88.2 14.3 18.3 42.9 38.9 14.3 24.6 78.0 49.3 1956........................ 144.5 9.8 134.6 99.0 14.9 20.7 47.8 43.9 15.5 28.4 86.8 55.1 1957........................ 156.5 10.4 146.1 107.6 15.3 23.2 51.6 47.2 16.5 30.7 94.6 60.4 1958........................ 171.8 11.1 160.7 117.7 16.8 26.1 55.2 50.1 19.7 30.4 105.5 67.6 1959........................ 190.8 12.1 178.7 130.9 18.7 29.2 59.3 53.8 23.8 30.0 119.4 77.0 1960........................ 207.5 12.8 194.7 141.9 20.3 32.4 62.3 56.4 26.7 29.7 132.3 85.5 1961........................ 228.0 13.9 214.1 154.6 23.0 36.5 65.6 59.1 29.5 29.6 148.5 95.5 1962........................ 251.4 15.2 236.2 169.3 25.8 41.1 69.4 62.2 32.3 29.9 166.9 107.1 1963........................ 278.5 16.8 261.7 186.4 29.0 46.2 73.4 65.9 35.0 30.9 188.2 120.5 1964........................ 305.9 18.9 287.0 203.4 33.6 50.0 77.2 69.2 38.3 30.9 209.8 134.1 1965........................ 333.3 21.2 312.1 220.5 37.2 54.5 81.2 73.1 42.0 31.1 231.0 147.4 1966........................ 356.5 23.1 333.4 232.9 40.3 60.1 84.1 76.1 44.8 31.3 249.3 156.9 1967........................ 381.2 25.1 356.1 247.3 43.9 64.8 88.2 79.9 47.4 32.5 267.9 167.4 1968........................ 411.1 27.5 383.5 264.8 47.3 71.4 93.4 84.4 50.6 33.8 290.1 180.4 1969........................ 441.6 29.4 412.2 283.2 52.2 76.9 100.2 90.2 54.5 35.7 312.0 193.0 1970........................ 473.7 30.5 443.2 297.4 60.1 85.6 109.2 97.3 59.9 37.3 333.9 200.2 1971........................ 524.2 32.4 491.8 325.9 70.1 95.9 120.7 105.2 65.7 39.5 371.1 220.7 1972........................ 597.4 35.4 562.0 366.5 82.8 112.7 131.1 113.0 68.2 44.7 430.9 253.5 1973........................ 672.6 39.8 632.8 407.9 93.1 131.7 135.0 116.2 66.2 50.0 497.7 291.7 1974........................ 732.5 44.9 687.5 440.7 100.0 146.9 140.2 121.3 65.1 56.2 547.3 319.4 1975........................ 791.9 49.9 742.0 482.1 100.6 159.3 147.0 127.7 66.1 61.6 595.0 354.3 1976........................ 878.6 55.4 823.2 546.3 105.7 171.2 154.1 133.5 66.5 67.0 669.0 412.8 1977........................ 1,010.3 63.9 946.4 642.7 114.0 189.7 161.7 141.6 68.0 73.6 784.6 501.0 1978........................ 1,163.0 72.8 1,090.2 753.5 124.9 211.8 176.4 153.4 71.4 82.0 913.9 600.2 1979........................ 1,328.4 86.8 1,241.7 870.5 134.9 236.3 199.0 172.9 81.0 92.0 1,042.7 697.6 1980........................ 1,463.0 97.5 1,365.5 969.0 141.0 255.5 225.1 195.2 93.6 101.6 1,140.4 773.9 1981........................ 1,572.8 107.2 1,465.5 1,049.1 138.9 277.5 238.9 207.6 101.3 106.2 1,226.7 841.5 1982........................ 1,650.7 111.3 1,539.3 1,096.4 140.8 302.2 248.9 217.9 108.0 109.9 1,290.5 878.5 1983........................ 1,841.9 113.7 1,728.2 1,219.4 154.0 354.8 279.8 248.8 127.4 121.4 1,448.4 970.5 1984........................ 2,071.1 112.4 1,958.7 1,360.4 177.0 421.4 294.8 265.9 136.7 129.1 1,663.9 1,094.5 1985........................ 2,333.9 105.9 2,228.0 1,535.6 205.2 487.2 328.3 288.8 153.0 135.8 1,899.7 1,246.8 1986........................ 2,634.8 95.2 2,539.6 1,741.6 238.4 559.6 370.5 328.6 185.5 143.1 2,169.1 1,413.0 1987........................ 2,985.2 87.7 2,897.5 1,976.5 260.8 660.1 431.4 387.9 235.5 152.4 2,466.0 1,588.6 1988........................ 3,280.3 83.0 3,197.4 2,217.4 277.5 702.4 459.7 414.2 258.8 155.4 2,737.7 1,803.3 1989........................ 3,580.8 80.5 3,500.4 2,459.2 288.3 752.9 486.8 440.1 282.8 157.3 3,013.5 2,019.1 1990........................ 3,803.1 78.9 3,724.2 2,672.2 286.9 765.1 517.9 470.9 310.9 160.0 3,206.3 2,201.3 1991........................ 3,956.1 79.2 3,876.9 2,849.9 283.9 743.2 537.2 493.3 330.6 162.7 3,339.7 2,356.6 1992........................ 4,088.2 79.7 4,008.4 3,038.9 273.4 696.2 533.3 489.8 326.0 163.8 3,475.1 2,549.2 1993........................ 4,261.2 80.7 4,180.4 3,225.4 270.0 685.0 513.4 469.5 303.2 166.2 3,667.0 2,755.9 1994........................ 4,462.8 83.0 4,379.9 3,424.4 274.9 680.5 559.3 514.2 336.8 177.3 3,820.5 2,910.2 1995........................ 4,691.8 84.6 4,607.3 3,616.8 287.2 703.2 584.3 537.1 352.3 184.7 4,023.0 3,079.7 1996........................ 5,022.5 87.1 4,935.3 3,851.2 312.4 771.7 623.2 574.1 379.2 194.9 4,312.1 3,277.1 1995:I...................... 4,503.7 82.4 4,421.3 3,457.1 276.0 688.3 565.4 520.3 341.7 178.6 3,855.9 2,936.8 II...................... 4,571.5 83.6 4,487.9 3,514.1 280.2 693.7 571.3 525.8 345.5 180.3 3,916.6 2,988.2 III..................... 4,643.8 84.3 4,559.5 3,578.1 283.3 698.1 578.4 531.0 348.5 182.5 3,981.2 3,047.1 IV...................... 4,691.8 84.6 4,607.3 3,616.8 287.2 703.2 584.3 537.1 352.3 184.7 4,023.0 3,079.7 1996:I...................... 4,770.5 85.0 4,685.6 3,682.8 291.3 711.4 592.3 544.3 357.2 187.2 4,093.3 3,138.5 II...................... 4,861.4 86.2 4,775.2 3,720.2 300.5 754.5 599.5 551.9 362.5 189.3 4,175.7 3,168.4 III..................... 4,940.7 86.7 4,854.0 3,793.0 304.5 756.5 611.0 562.3 370.3 192.0 4,243.0 3,230.6 IV...................... 5,022.5 87.1 4,935.3 3,851.2 312.4 771.7 623.2 574.1 379.2 194.9 4,312.1 3,277.1 1997:I...................... 5,080.7 87.7 4,993.1 3,899.0 315.1 778.9 631.0 581.4 384.3 197.0 4,362.1 3,317.7 II...................... 5,168.3 88.7 5,079.7 3,960.4 321.1 798.1 641.7 591.3 391.6 199.7 4,438.0 3,369.1 III p................... 5,259.9 89.8 5,170.1 4,027.4 327.2 815.5 647.1 596.6 395.6 201.0 4,523.0 3,430.8 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Includes FHA insured multifamily properties, not shown separately. \2\ Derived figures. Total includes commercial properties, and multifamily properties, not shown separately. Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.