[Economic Report of the President (2007)] [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, 1949-2006 [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.............................................................. 2,376.8 105.9 2,271.0 1,523.5 205.9 541.6 328.3 288.8 153.0 135.8 1,942.7 1,234.7 1986.............................................................. 2,663.3 95.1 2,568.3 1,726.4 239.3 602.5 370.5 328.6 185.5 143.1 2,197.8 1,397.8 1987.............................................................. 3,001.5 87.7 2,913.7 1,953.6 262.1 698.0 431.4 387.9 235.5 152.4 2,482.3 1,565.7 1988.............................................................. 3,319.6 83.0 3,236.6 2,188.1 279.0 769.6 459.7 414.2 258.8 155.4 2,776.9 1,773.9 1989.............................................................. 3,591.3 80.5 3,510.8 2,421.5 289.9 799.5 486.8 440.1 282.8 157.3 3,024.0 1,981.4 1990.............................................................. 3,807.4 78.9 3,728.5 2,619.5 288.3 820.7 517.9 470.9 310.9 160.0 3,210.5 2,148.6 1991.............................................................. 3,952.9 79.2 3,873.7 2,781.7 284.9 807.1 537.2 493.3 330.6 162.7 3,336.4 2,288.4 1992.............................................................. 4,062.5 79.7 3,982.7 2,947.3 272.0 763.4 533.3 489.8 326.0 163.8 3,449.4 2,457.6 1993.............................................................. 4,195.7 80.7 4,115.0 3,106.0 269.1 739.9 513.4 469.5 303.2 166.2 3,601.6 2,636.6 1994.............................................................. 4,363.3 83.3 4,280.0 3,283.2 269.6 727.2 559.3 514.2 336.8 177.3 3,720.7 2,769.0 1995.............................................................. 4,550.4 85.0 4,465.4 3,451.2 275.5 738.7 584.3 537.1 352.3 184.7 3,881.1 2,914.2 1996.............................................................. 4,819.7 87.6 4,732.2 3,674.7 287.8 769.7 620.3 571.2 379.2 192.0 4,111.9 3,103.5 1997.............................................................. 5,132.6 90.4 5,042.3 3,910.2 300.9 831.2 656.7 605.7 405.7 200.0 4,385.6 3,304.5 1998.............................................................. 5,620.6 96.7 5,523.9 4,266.2 333.9 923.8 674.1 623.8 417.9 205.9 4,849.8 3,642.4 1999.............................................................. 6,233.2 103.9 6,129.3 4,691.2 375.0 1,063.1 731.5 678.8 462.3 216.5 5,397.8 4,012.4 2000.............................................................. 6,795.2 110.2 6,685.0 5,109.8 404.6 1,170.6 773.1 720.0 499.9 220.1 5,911.9 4,389.9 2001.............................................................. 7,485.2 117.8 7,367.4 5,639.5 446.5 1,281.4 772.7 718.5 497.4 221.2 6,594.7 4,921.0 2002.............................................................. 8,367.3 125.5 8,241.8 6,374.4 484.9 1,382.6 759.3 704.0 486.2 217.7 7,482.5 5,670.4 2003.............................................................. 9,374.9 133.6 9,241.3 7,175.1 555.6 1,510.5 709.2 653.3 438.7 214.6 8,532.1 6,521.9 2004.............................................................. 10,680.5 141.7 10,538.8 8,246.8 608.8 1,683.2 661.5 605.4 398.1 207.3 9,877.3 7,641.4 2005.............................................................. 12,148.7 147.9 12,000.8 9,383.3 679.7 1,937.8 606.6 550.4 348.4 202.0 11,394.2 8,832.8 2005:I............................................................ 10,938.5 143.0 10,795.5 8,448.1 621.8 1,725.5 647.9 591.6 386.1 205.5 10,147.6 7,856.5 II ........................................................... 11,324.3 146.3 11,178.1 8,747.8 640.7 1,789.6 633.7 577.2 372.7 204.4 10,544.4 8,170.6 III .......................................................... 11,754.1 148.4 11,605.7 9,090.7 658.4 1,856.6 619.1 562.5 359.3 203.2 10,986.7 8,528.2 IV ........................................................... 12,148.7 147.9 12,000.8 9,383.3 679.7 1,937.8 606.6 550.4 348.4 202.0 11,394.2 8,832.8 2006:I............................................................ 12,450.8 150.5 12,300.3 9,612.3 693.8 1,994.3 599.9 543.7 343.3 200.4 11,700.4 9,068.6 II............................................................ 12,765.3 154.7 12,610.6 9,845.6 703.9 2,061.1 594.9 539.1 339.8 199.3 12,015.7 9,306.5 III p......................................................... 13,033.5 159.1 12,874.4 10,029.3 714.6 2,130.4 599.1 542.7 338.6 204.2 12,275.2 9,486.6 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Includes FHA insured multifamily properties, not shown separately. \2\ Derived figures. Total includes multifamily properties, not shown separately, and commercial properties not shown here but are the same as nonfarm properties--commercial properties. Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.