Share of Mortgages Held by the 90th to 99th Wealth Percentiles
This dataset tracks share of mortgages held by the 90th to 99th wealth percentiles over time.
Latest Value
24.80
Year-over-Year Change
-7.46%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of mortgages held by households in the 90th to 99th wealth percentiles. It provides insights into wealth concentration and the distribution of mortgage debt.
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 share of mortgages held by the 90th to 99th wealth percentiles reflects the extent to which higher-wealth households own a disproportionate share of mortgage debt. This metric is used by economists and policymakers to analyze trends in wealth inequality and the implications for financial stability.
Methodology
The data is calculated by the Federal Reserve using survey-based estimates of household wealth and mortgage holdings.
Historical Context
This trend is relevant for assessing the potential financial risks associated with concentrated mortgage debt ownership.
Key Facts
- The 90th to 99th wealth percentiles hold over 50% of total mortgage debt.
- Mortgage debt is highly concentrated among higher-wealth households.
- This trend has increased over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of mortgages held by households in the 90th to 99th wealth percentiles, providing insights into wealth concentration and the distribution of mortgage debt.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for assessing the potential financial risks associated with concentrated mortgage debt ownership, which has implications for financial stability and inequality.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using survey-based estimates of household wealth and mortgage holdings.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in wealth inequality and the potential financial risks associated with concentrated mortgage debt ownership.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying household survey information.
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Citation
U.S. Federal Reserve, Share of Mortgages Held by the 90th to 99th Wealth Percentiles (WFRBSN09148), retrieved from FRED.