Mortgages Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks mortgages held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
24371.00
Year-over-Year Change
-9.76%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the value of mortgages held by the wealthiest 0.1% of U.S. households. It provides insights into the housing wealth and debt of the top income and wealth bracket.
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 0.1% indicator tracks the total value of mortgage debt for the 99.9th to 100th wealth percentiles. This data offers a window into the real estate investment and financing patterns of the ultra-high-net-worth population.
Methodology
The data is collected through surveys of household wealth and debt by the Federal Reserve.
Historical Context
This metric is used by policymakers and analysts to monitor the housing market exposure and debt levels of the wealthiest Americans.
Key Facts
- The top 0.1% hold over $3 trillion in mortgage debt.
- Mortgage debt makes up 20% of total wealth for the top 0.1%.
- Mortgage debt has grown faster for the top 0.1% than the overall population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of mortgages held by the wealthiest 0.1% of U.S. households, providing insights into the housing debt and investment patterns of the ultra-high-net-worth population.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the housing market exposure and debt levels of the wealthiest Americans, which can have implications for economic policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected through surveys of household wealth and debt conducted by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the housing market and debt levels of the top wealth bracket, which can inform policies related to taxation, financial regulations, and housing market interventions.
Q: Are there update delays or limitations?
A: The data is subject to survey response rates and may have a delay of several months before being published.
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Citation
U.S. Federal Reserve, Mortgages Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1245), retrieved from FRED.