Total first-lien mortgage holdings among banks and thrifts increased by 0.7% from the end of March to the end of June. During the first quarter, the depositories slightly reduced their mortgage holdings. (Includes data table.)

Adjustable-rate mortgages accounted for 38.2% of first-lien holdings at banks and thrifts at the end of March, down from 42.6% at the end of December. (Includes data table.)

Holdings of first-lien mortgages at commercial banks and savings institutions increased just 0.3% from the end of the third quarter to the fourth. All of the increase was driven by a 14.6% jump in holding of adjustable-rate mortgages. (Includes data table.)