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News Release
FHFA Releases Data Visualization Dashboard for NMDB Outstanding Residential Mortgage Statistics

Data provides information about active residential mortgages in the United States.
immediate release

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today published updated aggregate statistics from the National Mortgage Database (NMDB®) and launched the NMDB Aggregate Statistics Dashboard—a new data visualization tool for the NMDB Outstanding Residential Mortgage Statistics.

“The release of updated data will allow stakeholders to better understand emerging mortgage and housing market trends,” said Director Sandra L. Thompson. “Additionally, the new dashboard will ensure that information about the volume and characteristics of mortgages held by U.S. households is more easily accessible and available to the public.”

Today’s release describes outstanding residential mortgage debt at the end of the first quarter of 2024. Highlights include:

  • There were 50.8 million outstanding mortgages with unpaid balances totaling $11.7 trillion at the end of the first quarter of 2024.
  • 21.9 percent of outstanding mortgages have interest rates below 3 percent, down slightly from a high of 24.6 percent in the first quarter of 2022. 14.3 percent of outstanding mortgages have interest rates of 6 percent or higher.
  • Adjustable-rate mortgages (ARMs) account for 3.5 percent of outstanding mortgages, down from 9.6 percent one decade ago.
  • The median monthly payment among outstanding mortgages is $1,520.
  • The average credit score among borrowers with an active loan is 743.

NMDB Aggregate Statistics include summary statistics derived by aggregating data in the NMDB. The NMDB is a de-identified database of closed-end first-lien residential mortgages, containing a nationally representative sample of mortgages in the United States. To make NMDB statistics available to the general public, FHFA produces the NMDB Aggregate Statistics. More information about the NMDB Aggregate Statistics is available on the FHFA website.

Publication of aggregate statistics from NMDB is a step toward carrying out the statutory requirements of section 1324(c) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. The statute requires FHFA to conduct a monthly mortgage market survey to collect data on the characteristics of individual mortgages, both Enterprise and non-Enterprise, and to make the data available to the public while protecting the privacy of the borrowers.


Related Resources:

NMDB Aggregate Statistics Dashboard



The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks.  These government-sponsored enterprises provide more than $8.4 trillion in funding for the U.S. mortgage markets and financial institutions.  Additional information is available at, on Twitter @FHFAYouTubeFacebook, and LinkedIn.


Contacts: MediaInq​