Go to the Federal Reserve Board’s website at www.federalreserve.gov and find the most recent data on Mortgage Loans Outstanding.

Click on “Financial Accounts of the United States.” Click on the most recent date. Click on “Level Tables.” This downloads a file onto your computer that contains the relevant data in Table 217.

Questions 1 What is the current dollar value of mortgage loans outstanding? How has this value changed since 2019 as reported in Figure 7–1?

2 Calculate the percentage of mortgage loans outstanding comprised of 1- to 4-family, multifamily residential, commercial, and farm loans.

AppendixLO1