Home Owners Equity vs Mortgage

Home Owners Equity vs Mortgage 

<< Back Home                                             Created : Jan 11, 2006
                                                   **** Last Update  : Mar 25, 2011


        The Flow of Funds contains Annual Estimates of Equity and Mortgages for Home Owners.

     Last time the Interest Rates were at this Historic Low was in the mid 
  sixties. These low rates most likely created this bubble. 
 
     Forty years later, the very same low interest rates have put this 
   expansion in an over drive, creating the blow-off top of this gigantic
   bubble.
 
     Home Equity has fallen from 84% in 1945 to 56.2% in 2004.

     As it turns out, cashing out home equity has been a favorite for a lot
   longer. 

     Probably not at the same volumes it has been happening in the last five   
   years though.


Home Equity and Mortgage In Billions USD.

Year	Equity		Mortgage
Year	Billions	Percent	Billions	Percent
1945	97.5	84.0	18.6	16.0
1946	110.5	82.8	23.0	17.2
1947	130.8	82.3	28.1	17.7
1948	146.9	81.6	33.1	18.4
1949	159.5	81.0	37.4	19.0
1950	177.5	79.8	45.0	20.2
1951	197.7	79.4	51.4	20.6
1952	214.6	78.7	58.2	21.3
1953	227.4	77.6	65.7	22.4
1954	240.3	76.2	75.0	23.8
1955	257.1	74.6	87.5	25.4
1956	273.1	73.5	98.3	26.6
1957	287.4	72.9	107.0	27.1
1958	299.1	71.9	116.8	28.1
1959	311.5	70.6	129.6	29.4
1960	323.6	69.7	140.8	30.3
1961	335.3	68.6	153.3	31.4
1962	343.3	67.2	167.5	32.8
1963	347.2	65.4	184.1	34.6
1964	355.6	63.8	201.4	36.2
1965	363.7	62.5	218.6	37.5
1966	392.6	62.9	231.9	37.1
1967	415.1	62.9	245.1	37.1
1968	478.6	64.6	262.2	35.4
1969	526.0	65.4	278.3	34.6

Year	Equity		Mortgage
Year	Billions	Percent	Billions	Percent
1970	558.9	66.1	286.7	33.9
1971	615.3	66.5	310.5	33.5
1972	719.3	67.6	345.4	32.4
1973	828.8	68.3	385.1	31.7
1974	797.3	65.4	422.0	34.6
1975	908.1	66.3	461.0	33.7
1976	1022.9	66.4	518.7	33.6
1977	1227.4	67.0	604.6	33.0
1978	1439.0	66.9	710.5	33.1
1979	1706.5	67.3	827.6	32.7
1980	1939.6	67.6	927.6	32.4
1981	2214.9	68.9	999.0	31.1
1982	2335.2	69.4	1032.0	30.6
1983	2404.5	68.3	1117.6	31.7
1984	2783.3	69.1	1244.0	30.9
1985	3129.7	68.4	1444.3	31.6
1986	3358.9	67.2	1642.1	32.8
1987	3679.9	66.9	1821.2	33.1
1988	3930.0	65.8	2046.2	34.2
1989	4204.0	64.9	2269.9	35.1
1990	4076.0	62.0	2500.0	38.0
1991	4130.4	60.7	2679.2	39.3
1992	4269.1	59.9	2853.0	40.1
1993	4345.2	59.1	3012.6	40.8
1994	4341.7	57.7	3181.5	42.3

Year	Equity		Mortgage
Year	Billions	Percent	Billions	Percent
1995	4651.3	58.2	3338.8	41.8
1996	4771.7	57.3	3548.9	42.7
1997	5007.5	57.0	3772.3	43.0
1998	5469.1	57.3	4076.5	42.7
1999	5944.9	57.2	4450.7	42.8
2000	6583.9	57.7	4817.3	42.3
2001	7209.7	57.7	5281.8	42.3
2002	7762.5	56.7	5917.3	43.3
2003	8426.5	55.9	6658.3	44.1
2004	9691.6	56.2	7551.7	43.8
2005	10519.6	54.3	8883.2	45.7
2006	10945.2	53.0	9675.7	47.0
2007	-	-	-	-
2008	-	-	-	-
2009	-	-	-	-
2010	-	-	-	-
2011	-	-	-	-
2012	-	-	-	-
2013	-	-	-	-
2014	-	-	-	-
2015	-	-	-	-
2016	-	-	-	-
2017	-	-	-	-
2018	-	-	-	-
2019	-	-	-	-

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