Home mortgages Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks home mortgages held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
449060.00
Year-over-Year Change
-6.85%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the share of total home mortgages held by the wealthiest 1% of U.S. households. It provides insights into wealth concentration and housing inequality.
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 Top 1% metric tracks the percentage of total residential mortgage debt owed by households in the 99th to 100th wealth percentiles. This data point is used by economists to analyze trends in wealth distribution and access to homeownership.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This metric is relevant for policymakers and analysts assessing housing affordability and the distribution of housing-related financial assets.
Key Facts
- The top 1% of households held 15.4% of total home mortgage debt in 2019.
- Mortgage debt held by the top 1% has increased from 10.4% in 1989.
- Wealth inequality has risen in the U.S. over the past decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total home mortgages held by the wealthiest 1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wealth concentration and housing inequality, which are important considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This metric is relevant for assessing housing affordability and the distribution of housing-related financial assets.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, but may have some lag time.
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Citation
U.S. Federal Reserve, Home mortgages Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01021), retrieved from FRED.