Mortgages Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks mortgages held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
31152.00
Year-over-Year Change
-12.53%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend tracks the share of mortgages held by the wealthiest 1% of U.S. households. It provides insights into wealth concentration and housing market dynamics.
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 'Mortgages Held by the Top 1%' metric measures the proportion of total outstanding mortgage debt owed by the 99th to 100th wealth percentiles in the United States. This indicator helps economists and policymakers understand patterns of wealth inequality and the role of housing assets among the highest-income individuals.
Methodology
The data is calculated using the Federal Reserve's Survey of Consumer Finances.
Historical Context
This metric is used to assess trends in wealth distribution and the relative importance of housing in the portfolios of the wealthiest Americans.
Key Facts
- The top 1% of U.S. households held over 15% of total mortgage debt as of the latest data.
- Mortgage debt accounts for a significant portion of the asset portfolios of the wealthiest Americans.
- Trends in this metric can signal changes in housing affordability and the concentration of housing wealth.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the share of total outstanding mortgage debt owed by the wealthiest 1% of U.S. households, as defined by the 99th to 100th wealth percentiles.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into patterns of wealth inequality and the role of housing assets in the portfolios of high-net-worth individuals, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated using the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess trends in wealth distribution and the relative importance of housing in the portfolios of the wealthiest Americans.
Q: Are there update delays or limitations?
A: The data is updated periodically based on the Federal Reserve's Survey of Consumer Finances, which is conducted triennially.
Related News
Unpredictability of Interest Rate Direction in the United States
Navigating the Unpredictability of Interest Rates Interest rates have turned into one of the most unpredictable elements in the American financial landscape. This unpredictability stems largely from the nuanced decisions of the Federal Reserve, often referred to as the Fed, whose policies ripple through financial markets, influencing borrowing costs for everyone from ambitious entrepreneurs to families securing mortgages. The web of economic indicators, which serves as the backbone for interest
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Similar WFRBLT Trends
Consumer Credit Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1229
Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01022
Consumer Durables Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1230
Consumer Durables Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01003
Corporate And Foreign Bonds Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1231
Corporate and Foreign Bonds Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01010
Citation
U.S. Federal Reserve, Mortgages Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01013), retrieved from FRED.