[Economic Report of the President (2002)]
[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, 1949-2001
[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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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........................    4,073.3       79.7    3,993.6   2,984.1    269.3     740.1       533.3    489.8    326.0      163.8    3,460.2   2,494.3
1993........................    4,208.6       80.7    4,127.9   3,144.5    266.4     717.0       513.4    469.5    303.2      166.2    3,614.5   2,675.1
1994........................    4,380.8       83.0    4,297.8   3,326.9    266.1     704.8       559.3    514.2    336.8      177.3    3,738.5   2,812.7
1995........................    4,576.9       84.6    4,492.3   3,505.4    272.4     714.5       584.3    537.1    352.3      184.7    3,908.0   2,968.3
1996........................    4,865.0       87.1    4,777.8   3,719.9    288.7     769.2       620.3    571.2    379.2      192.0    4,157.5   3,148.8
1997........................    5,203.9       90.3    5,113.6   3,975.2    301.7     836.7       656.7    605.7    405.7      200.0    4,456.9   3,369.5
1998........................    5,726.1       96.5    5,629.6   4,365.8    333.7     930.1       674.1    623.8    417.9      205.9    4,955.5   3,741.9
1999........................    6,363.3      103.0    6,260.3   4,800.2    376.5   1,083.7       731.5    678.8    462.3      216.5    5,528.9   4,121.4

2000........................    6,938.1      108.8    6,829.3   5,226.6    414.4   1,188.3       773.1    720.0    499.9      220.1    6,056.2   4,506.6

1999:I......................    5,859.9       97.4    5,762.5   4,458.4    345.4     958.7       683.5    633.5    426.8      206.7    5,079.1   3,825.0
II......................    6,011.2       99.6    5,911.6   4,572.6    353.5     985.5       696.8    644.7    435.6      209.1    5,214.8   3,927.9
III.....................    6,219.4      101.4    6,118.0   4,703.8    364.7   1,049.5       718.8    666.3    450.4      215.9    5,399.2   4,037.5
IV......................    6,363.3      103.0    6,260.3   4,800.2    376.5   1,083.7       731.5    678.8    462.3      216.5    5,528.9   4,121.4

2000:I......................    6,466.0      103.9    6,362.1   4,867.9    384.4   1,109.8       743.8    690.7    472.7      218.0    5,618.3   4,177.2
II......................    6,637.2      106.5    6,530.8   4,993.0    395.7   1,142.1       751.6    699.3    480.5      218.9    5,779.2   4,293.7
III ....................    6,790.9      108.0    6,682.9   5,120.0    403.9   1,159.0       762.4    709.1    490.6      218.5    5,920.6   4,410.9
IV .....................    6,938.1      108.8    6,829.3   5,226.6    414.4   1,188.3       773.1    720.0    499.9      220.1    6,056.2   4,506.6

2001:I......................    7,061.6      109.9    6,951.7   5,320.0    423.6   1,208.2       776.6    723.1    502.8      220.3    6,175.1   4,596.9
II......................    7,281.5      113.1    7,168.4   5,480.5    438.8   1,249.1       772.3    718.2    497.8      220.4    6,396.1   4,762.3
III ...................    7,475.9      114.6    7,361.3   5,622.9    452.4   1,286.0       773.7    719.7    499.3      220.4    6,587.6   4,903.2
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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.