[Economic Report of the President (2001)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-75.--Mortgage debt outstanding by type of property and of financing, 1945-2000
[Billions of dollars]
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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
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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........................       62.3        5.6       56.7      37.3      8.6      10.8        17.1     15.0      6.9        8.1       39.6      22.3

1950........................       72.7        6.0       66.6      45.1     10.1      11.5        22.1     18.8      8.5       10.3       44.6      26.2
1951........................       82.1        6.6       75.6      51.6     11.5      12.5        26.6     22.9      9.7       13.2       49.0      28.8
1952........................       91.4        7.2       84.2      58.6     12.3      13.4        29.3     25.4     10.8       14.6       55.0      33.2
1953........................      101.2        7.7       93.5      66.1     12.9      14.6        32.1     28.1     12.0       16.1       61.4      38.0
1954........................      113.7        8.1      105.6      75.8     13.5      16.3        36.2     32.1     12.8       19.3       69.4      43.7
1955........................      130.1        9.0      121.1      88.4     14.3      18.4        42.9     38.9     14.3       24.6       78.1      49.5
1956........................      144.7        9.8      134.8      99.2     14.9      20.8        47.8     43.9     15.5       28.4       87.0      55.3
1957........................      156.7       10.4      146.3     107.8     15.3      23.2        51.6     47.2     16.5       30.7       94.8      60.6
1958........................      172.0       11.1      160.9     117.9     16.8      26.2        55.2     50.1     19.7       30.4      105.8      67.8
1959........................      190.9       12.1      178.8     130.9     18.7      29.2        59.3     53.8     23.8       30.0      119.5      77.1

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........................      228.1       13.9      214.2     154.7     23.0      36.5        65.6     59.1     29.5       29.6      148.6      95.5
1962........................      251.6       15.2      236.4     169.4     25.8      41.2        69.4     62.2     32.3       29.9      167.1     107.3
1963........................      278.7       16.8      261.9     186.6     29.0      46.3        73.4     65.9     35.0       30.9      188.5     120.7
1964........................      306.2       18.9      287.3     203.6     33.6      50.1        77.2     69.2     38.3       30.9      210.1     134.3
1965........................      333.7       21.2      312.5     220.8     37.2      54.5        81.2     73.1     42.0       31.1      231.3     147.6
1966........................      356.9       23.1      333.8     233.3     40.3      60.3        84.1     76.1     44.8       31.3      249.7     157.2
1967........................      381.6       25.1      356.5     247.7     43.9      64.8        88.2     79.9     47.4       32.5      268.3     167.8
1968........................      411.5       27.5      383.9     265.2     47.3      71.4        93.4     84.4     50.6       33.8      290.5     180.8
1969........................      442.3       29.4      412.9     283.6     52.2      77.1       100.2     90.2     54.5       35.7      312.7     193.4

1970........................      474.4       30.5      443.9     298.0     60.1      85.8       109.2     97.3     59.9       37.3      334.7     200.7
1971........................      525.1       32.4      492.7     326.6     70.1      96.1       120.7    105.2     65.7       39.5      372.0     221.4
1972........................      598.1       35.4      562.8     367.2     82.7     112.9       131.1    113.0     68.2       44.7      431.7     254.2
1973........................      673.4       39.8      633.6     408.4     93.1     132.0       135.0    116.2     66.2       50.0      498.6     292.2
1974........................      734.0       44.9      689.1     441.5    100.0     147.6       140.2    121.3     65.1       56.2      548.8     320.2
1975........................      793.5       49.9      743.7     482.8    100.6     160.3       147.0    127.7     66.1       61.6      596.7     355.1
1976........................      880.3       55.4      824.9     547.1    105.7     172.1       154.1    133.5     66.5       67.0      670.8     413.6
1977........................    1,012.0       63.8      948.2     643.5    114.0     190.7       161.7    141.6     68.0       73.6      786.4     501.9
1978........................    1,164.6       72.8    1,091.9     754.5    124.9     212.4       176.4    153.4     71.4       82.0      915.5     601.1
1979........................    1,330.0       86.8    1,243.3     870.9    134.8     237.5       199.0    172.9     81.0       92.0    1,044.3     698.0

1980........................    1,464.8       97.5    1,367.3     968.7    140.9     257.7       225.1    195.2     93.6      101.6    1,142.2     773.6
1981........................    1,590.1      107.2    1,482.9   1,047.6    138.8     296.5       238.9    207.6    101.3      106.2    1,244.0     840.0
1982........................    1,675.5      111.3    1,564.2   1,094.0    140.6     329.6       248.9    217.9    108.0      109.9    1,315.3     876.1
1983........................    1,869.0      113.7    1,755.2   1,216.9    153.8     384.6       279.8    248.8    127.4      121.4    1,475.4     968.0
1984........................    2,113.1      112.4    2,000.7   1,358.0    176.8     465.9       294.8    265.9    136.7      129.1    1,705.8   1,092.1
1985........................    2,376.8      105.9    2,271.0   1,532.4    205.0     533.6       328.3    288.8    153.0      135.8    1,942.7   1,243.6
1986........................    2,663.2       95.1    2,568.2   1,737.7    238.1     592.3       370.5    328.6    185.5      143.1    2,197.7   1,409.1
1987........................    3,001.4       87.7    2,913.7   1,968.8    260.6     684.3       431.4    387.9    235.5      152.4    2,482.3   1,580.9
1988........................    3,319.5       83.0    3,236.6   2,206.0    277.2     753.3       459.7    414.2    258.8      155.4    2,776.9   1,791.9
1989........................    3,590.4       80.5    3,509.9   2,443.0    287.7     779.2       486.8    440.1    282.8      157.3    3,023.1   2,002.9

1990........................    3,807.9       78.9    3,729.0   2,646.6    285.6     796.8       517.9    470.9    310.9      160.0    3,211.1   2,175.7
1991........................    3,958.2       79.2    3,879.0   2,814.5    281.7     782.8       537.2    493.3    330.6      162.7    3,341.8   2,321.2
1992........................    4,073.9       79.7    3,994.1   2,984.7    269.3     740.1       533.3    489.8    326.0      163.8    3,460.8   2,494.9
1993........................    4,211.3       80.6    4,130.7   3,147.3    266.2     717.2       513.4    469.5    303.2      166.2    3,617.3   2,677.8
1994........................    4,383.1       83.0    4,300.1   3,330.2    265.3     704.6       559.3    514.2    336.8      177.3    3,740.8   2,816.0
1995........................    4,585.1       84.6    4,500.5   3,511.5    273.2     715.8       584.3    537.1    352.3      184.7    3,916.3   2,974.5
1996........................    4,868.3       87.1    4,781.2   3,718.7    288.8     773.6       620.3    571.2    379.2      192.0    4,160.8   3,147.5
1997........................    5,204.1       90.3    5,113.8   3,973.7    302.3     837.8       656.7    605.7    405.7      200.0    4,457.2   3,368.0
1998........................    5,737.2       96.5    5,640.7   4,362.7    332.1     945.8       674.1    623.8    417.9      205.9    4,966.6   3,738.9
1999........................    6,385.9      103.0    6,283.0   4,794.0    374.6   1,114.4       729.2    676.5    462.3      214.2    5,553.8   4,117.5

1998:I......................    5,322.7       91.3    5,231.4   4,064.4    309.3     857.7       662.6    611.6    410.4      201.2    4,568.8   3,452.8
II......................    5,441.7       93.0    5,348.7   4,149.1    316.6     883.0       661.6    610.7    410.1      200.7    4,687.1   3,538.3
III.....................    5,579.7       94.4    5,485.4   4,253.7    322.9     908.7       670.2    619.8    417.3      202.5    4,815.1   3,633.9
IV......................    5,737.2       96.5    5,640.7   4,362.7    332.1     945.8       674.1    623.8    417.9      205.9    4,966.6   3,738.9

1999:I......................    5,876.8       97.4    5,779.4   4,454.7    343.6     981.2       683.5    633.5    426.8      206.7    5,096.0   3,821.2
II......................    6,028.9       99.6    5,929.3   4,567.8    350.9   1,010.6       696.8    644.7    435.6      209.1    5,232.5   3,923.0
III ....................    6,236.3      101.4    6,134.9   4,698.3    360.9   1,075.7       716.4    663.9    450.4      213.5    5,418.5   4,034.3
IV .....................    6,385.9      103.0    6,283.0   4,794.0    374.6   1,114.4       729.2    676.5    462.3      214.2    5,553.8   4,117.5

2000:I......................    6,481.5      103.7    6,377.8   4,853.8    382.4   1,141.6       741.6    688.5    472.7      215.8    5,636.2   4,165.3
II......................    6,651.2      106.0    6,545.2   4,977.9    392.6   1,174.7       749.4    697.1    480.5      216.7    5,795.8   4,280.7
III ...................    6,803.2      107.2    6,696.0   5,104.7    399.9   1,191.5    ........  .......  .......  ..........  ........  ........
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\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.