[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-75.--Mortgage debt outstanding by type of property and of financing, 1949-2002 [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 -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 30.5 443.9 297.8 60.1 86.0 109.2 97.3 59.9 37.3 334.7 200.6 1971........................ 525.1 32.4 492.7 326.2 70.1 96.4 120.7 105.2 65.7 39.5 372.0 221.0 1972........................ 598.1 35.4 562.8 366.7 82.8 113.3 131.1 113.0 68.2 44.7 431.7 253.8 1973........................ 673.4 39.8 633.6 407.9 93.2 132.6 135.0 116.2 66.2 50.0 498.6 291.6 1974........................ 734.0 44.9 689.1 440.7 100.0 148.3 140.2 121.3 65.1 56.2 548.8 319.4 1975........................ 793.5 49.9 743.7 482.0 100.7 161.0 147.0 127.7 66.1 61.6 596.7 354.2 1976........................ 880.3 55.4 824.9 544.8 105.9 174.2 154.0 133.5 66.5 67.0 670.9 411.3 1977........................ 1,012.0 63.8 948.2 640.6 114.3 193.3 161.7 141.6 68.0 73.6 786.4 499.0 1978........................ 1,164.6 72.8 1,091.9 752.2 125.2 214.5 176.4 153.4 71.4 82.0 915.5 598.8 1979........................ 1,330.0 86.8 1,243.3 868.8 135.0 239.4 199.0 172.9 81.0 92.0 1,044.3 695.9 1980........................ 1,464.8 97.5 1,367.3 966.2 141.1 259.9 225.1 195.2 93.6 101.6 1,142.2 771.1 1981........................ 1,590.1 107.2 1,482.9 1,044.1 139.2 299.7 238.9 207.6 101.3 106.2 1,244.0 836.5 1982........................ 1,675.5 111.3 1,564.2 1,089.5 141.1 333.6 248.9 217.9 108.0 109.9 1,315.3 871.6 1983........................ 1,869.1 113.7 1,755.3 1,211.6 154.3 389.4 279.8 248.8 127.4 121.4 1,475.5 962.8 1984........................ 2,113.1 112.4 2,000.7 1,351.4 177.4 471.9 294.8 265.9 136.7 129.1 1,705.8 1,085.5 1985........................ 2,376.4 105.9 2,270.5 1,523.5 205.9 541.2 328.3 288.8 153.0 135.8 1,942.2 1,234.7 1986........................ 2,661.6 95.1 2,566.5 1,726.4 239.2 600.9 370.5 328.6 185.5 143.1 2,196.0 1,397.8 1987........................ 2,999.9 87.7 2,912.2 1,953.6 262.0 696.6 431.4 387.9 235.5 152.4 2,480.8 1,565.7 1988........................ 3,318.1 83.0 3,235.2 2,188.1 278.9 768.2 459.7 414.2 258.8 155.4 2,775.5 1,773.9 1989........................ 3,589.4 80.5 3,508.9 2,421.5 289.8 797.7 486.8 440.1 282.8 157.3 3,022.1 1,981.4 1990........................ 3,805.0 78.9 3,726.0 2,619.9 288.2 817.9 517.9 470.9 310.9 160.0 3,208.1 2,149.0 1991........................ 3,956.8 79.2 3,877.6 2,788.6 284.3 804.8 537.2 493.3 330.6 162.7 3,340.4 2,295.3 1992........................ 4,071.4 79.7 3,991.7 2,957.1 272.0 762.6 533.3 489.8 326.0 163.8 3,458.4 2,467.4 1993........................ 4,207.0 80.7 4,126.2 3,119.1 269.0 738.1 513.4 469.5 303.2 166.2 3,612.8 2,649.7 1994........................ 4,379.6 83.0 4,296.6 3,301.5 269.5 725.7 559.3 514.2 336.8 177.3 3,737.3 2,787.3 1995........................ 4,575.5 84.6 4,490.9 3,478.2 275.4 737.3 584.3 537.1 352.3 184.7 3,906.7 2,941.2 1996........................ 4,863.6 87.1 4,776.5 3,719.9 287.8 768.7 620.3 571.2 379.2 192.0 4,156.1 3,148.8 1997........................ 5,201.2 90.3 5,110.9 3,978.7 301.1 831.1 656.7 605.7 405.7 200.0 4,454.2 3,373.0 1998........................ 5,715.6 96.5 5,619.1 4,366.0 331.6 921.5 674.1 623.8 417.9 205.9 4,945.0 3,742.1 1999........................ 6,320.7 103.0 6,217.7 4,790.6 369.3 1,057.9 731.5 678.8 462.3 216.5 5,486.3 4,111.8 2000........................ 6,885.5 108.9 6,776.7 5,203.9 406.5 1,166.3 773.1 720.0 499.9 220.1 6,003.6 4,483.9 2001........................ 7,590.0 116.3 7,473.6 5,732.9 454.7 1,286.0 772.7 718.5 497.4 221.2 6,701.0 5,014.4 2000:I...................... 6,430.3 103.9 6,326.4 4,866.1 376.8 1,083.5 743.8 690.7 472.7 218.0 5,582.6 4,175.4 II...................... 6,595.5 106.4 6,489.1 4,987.7 388.2 1,113.2 751.6 699.3 480.5 218.9 5,737.5 4,288.3 III .................... 6,745.8 107.9 6,637.8 5,105.2 395.8 1,136.8 762.4 709.1 490.6 218.5 5,875.4 4,396.1 IV ..................... 6,885.5 108.9 6,776.7 5,203.9 406.5 1,166.3 773.1 720.0 499.9 220.1 6,003.6 4,483.9 2001:I...................... 7,009.5 110.0 6,899.5 5,298.7 415.3 1,185.6 776.6 723.1 502.8 220.3 6,122.9 4,575.6 II...................... 7,212.2 113.0 7,099.3 5,457.4 426.8 1,215.1 772.3 718.2 497.8 220.4 6,327.0 4,739.2 III .................... 7,407.5 114.6 7,292.9 5,600.7 440.8 1,251.5 773.7 719.7 499.3 220.4 6,519.2 4,881.0 IV ..................... 7,590.0 116.3 7,473.6 5,732.9 454.7 1,286.0 772.7 718.5 497.4 221.2 6,701.0 5,014.4 2002:I...................... 7,754.0 118.1 7,635.9 5,871.3 462.6 1,302.0 778.5 723.9 503.5 220.4 6,857.4 5,147.5 II...................... 7,971.4 120.4 7,851.0 6,043.1 474.2 1,333.7 781.0 726.2 508.7 217.5 7,070.0 5,317.0 III ................... 8,209.3 123.4 8,085.9 6,242.7 482.9 1,360.4 778.3 723.7 505.9 217.8 7,307.6 5,519.0 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.