Share of Home Mortgages Held by the 99th to 99.9th Wealth Percentiles
WFRBS99T999265 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-20.00%
Date Range
7/1/1989 - 1/1/2025
Summary
Measures the proportion of home mortgages owned by the 99th to 99.9th wealth percentiles. Provides insight into housing finance concentration.
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
This metric tracks mortgage ownership among the highest-wealth segment of the population, revealing housing market dynamics.
Methodology
Calculated by tracking mortgage holdings of top wealth percentile groups.
Historical Context
Used to analyze wealth distribution and housing market access.
Key Facts
- Represents ultra-high-wealth mortgage ownership
- Indicates housing market concentration
- Reflects top wealth group's financial power
FAQs
Q: What does this metric show?
A: The percentage of home mortgages owned by individuals in the 99th to 99.9th wealth percentiles.
Q: Why is this important?
A: Reveals housing market access and wealth concentration among top earners.
Q: How can this data be interpreted?
A: Helps understand housing finance patterns and wealth distribution in the housing market.
Q: What does a high percentage indicate?
A: Suggests significant mortgage ownership concentration among top wealth groups.
Q: How frequently is this data updated?
A: Typically updated periodically by the Federal Reserve with current mortgage data.
Related Trends
Real Mean Personal Income in Midwest Census Region
MAPAINUSMWA672N
Miscellaneous Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1243
Minimum Wealth Cutoff for the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1311
3-Month Moving Average of Weighted Median Hourly Wage Growth: Overall
FRBATLWGT3MMAWMHWGO
Consumer Durables Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1230
Share of Total Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBSTP1281
Citation
U.S. Federal Reserve, Share of Home Mortgages Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999265), retrieved from FRED.