The data illustrates the total mortgage debt outstanding in the U.S. from 2001 to 2017. The total mortgage debt outstanding in the United States amounted to approx. 14.9 trillion USD in 2017.
Mortgage debt outstanding – additional information
The amount of outstanding mortgage debt in the U.S. has decreased since 2008 making it appear that Americans are trying to reduce their debt and stock up on savings as a result of the economic crisis. While this may be true, decreases in mortgage debt can be mainly attributed to decreases in mortgage debt outstanding on family residences and not all of this debt reduction has come willingly.
