Number of Mortgage Instruments Recorded, Town Lot Mortgages for Ohio
A02291US000OHA155NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177,632.00
Year-over-Year Change
166.58%
Date Range
1/1/1880 - 1/1/1920
Summary
This economic trend measures the number of mortgage instruments recorded for town lot mortgages in Ohio. It provides insight into the state's real estate and lending activities.
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 Number of Mortgage Instruments Recorded, Town Lot Mortgages for Ohio is a metric that tracks the volume of recorded mortgages for residential and commercial properties in the state. This data is used by economists and policymakers to analyze trends in Ohio's real estate and lending markets.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of financial institutions.
Historical Context
Trends in this metric can inform decisions around housing policy, mortgage regulations, and economic development.
Key Facts
- Ohio has the 7th largest economy in the U.S.
- Residential real estate is a major component of Ohio's economy.
- Mortgage activity can indicate trends in consumer confidence and business investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of mortgage instruments recorded for town lot mortgages in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: Trends in mortgage activity provide insights into the real estate market and broader economic conditions in Ohio.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to inform decisions around housing policy, mortgage regulations, and economic development in Ohio.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of Federal Reserve surveys.
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Citation
U.S. Federal Reserve, Number of Mortgage Instruments Recorded, Town Lot Mortgages for Ohio (A02291US000OHA155NNBR), retrieved from FRED.