Mortgage loans reached 10,100 USD bil in 2017 in USA, according to the National Central Bank. This is 2.20 % more than in the previous year.
Historically, mortgage loans in USA reached an all time high of 10,610 USD bil in 2007 and an all time low of 141 USD bil in 1960. When compared to USA's main peers, mortgage loans in Canada amounted to 1,519 CAD bil, 266,149 JPY bil in Japan and 746 MXN bil in Mexico in 2017.
USA has been ranked 5th within the group of 89 countries we follow in terms of mortgage loans.
A mortgage loan is a loan secured by real property through the use of a mortgage note.