Home mortgages Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBLB50102 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,086,027.00
Year-over-Year Change
10.81%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total home mortgages held by U.S. households in the bottom 50% of the wealth distribution. It provides insight into the financial status and housing security of lower-wealth Americans.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Home mortgages Held by the Bottom 50% (1st to 50th Wealth Percentiles)' series tracks the total value of outstanding home mortgages for the least wealthy half of U.S. households. This metric is used by economists and policymakers to assess housing affordability and wealth inequality.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Distributional Financial Accounts.
Historical Context
This trend is relevant for analyzing housing market dynamics, consumer financial health, and the impacts of economic policies.
Key Facts
- The bottom 50% of U.S. households hold about 7% of total household mortgage debt.
- Mortgage debt for lower-wealth Americans has declined since the 2008 financial crisis.
- Trends in this metric correlate with changes in homeownership rates and housing insecurity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of home mortgages held by U.S. households in the bottom 50% of the wealth distribution.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing affordability and wealth inequality, which are important considerations for economic policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of the Distributional Financial Accounts.
Q: How is this trend used in economic policy?
A: Trends in this metric are used by economists and policymakers to assess the impacts of economic policies on housing security and wealth distribution.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions based on updated information.
Related Trends
Total Defined Benefit Pension Entitlements Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLDBP999T100
Mean Personal Income in South Census Region
MAPAINUSSOA646N
Median Personal Income in South Census Region
MEPAINUSSOA646N
Share of Loans (Assets) Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01119
Share of Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBSB50215
Share of Annuities Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBSA999T100
Citation
U.S. Federal Reserve, Home mortgages Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50102), retrieved from FRED.