ATTOM’s Q2 2025 U.S. Residential Property Mortgage Origination Report shows that 1.76 million residential mortgages (for properties with one to four units) were issued in the second quarter—up 19.4 percent from Q1 2025 and 6.3 percent higher than Q2 2024.
According to the report, total dollar volume reached $601.7 billion in Q2 2025, reflecting a 22.8 percent increase from the first quarter and a 10.3 percent gain year over year. Both refinance and purchase loans saw strong quarterly growth, with home-equity lines of credit (HELOCs) also edging up.
Also, according to ATTOM’s latest report, although lending activity has yet to return to pandemic-era highs, Q2 gains were largely fueled by seasonal trends and temporary interest rate declines, rather than a widespread housing recovery. Refinance lending saw a modest rebound as some homeowners took advantage of slightly better rate conditions to adjust their loan terms.
ATTOM’s Q2 2025 mortgage origination report stated that total loan originations climbed to nearly 1.76 million in Q2 2025, reflecting both a solid quarterly rebound and the first year-over-year increase for any second quarter since the 2021 pandemic-era surge. This uptick may indicate early signs of stabilization following several years of volatility.
The loan analysis found that mortgage activity increased from the prior quarter in 201 of the 212 metropolitan statistical areas analyzed. Among metro areas with populations of at least 1 million, the biggest quarterly gains were recorded in Indianapolis, IN (up 70.8 percent); San Jose, CA (up 47.3 percent); Rochester, NY (up 43.8 percent); Boston, MA (up 38.0 percent); and Buffalo, NY (up 35.2 percent).
In this post we dive into the data behind ATTOM’s latest mortgage origination report highlighting the top 10 U.S. metros, with a population of at least 200,000 and at least 1,000 total mortgages in the second quarter of 2025, with the largest annual increases in total mortgage originations for Q2 2025, along with the loan numbers driving that growth.
Those top markets include:
- Anchorage, AK
- Yearly Increase in Total Mortgage Originations: 44.5 percent
- Count of Q2 2024 Total Mortgage Originations: 1,640
- Count of Q2 2025 Total Mortgage Originations: 2,369
- Hilo, HI
- Yearly Increase in Total Mortgage Originations: 38.7 percent
- Count of Q2 2024 Total Mortgage Originations: 788
- Count of Q2 2025 Total Mortgage Originations: 1,093
- Yuma, AZ
- Yearly Increase in Total Mortgage Originations: 38.6 percent
- Count of Q2 2024 Total Mortgage Originations: 857
- Count of Q2 2025 Total Mortgage Originations: 1,188
- Huntington, WV
- Yearly Increase in Total Mortgage Originations: 36.1 percent
- Count of Q2 2024 Total Mortgage Originations: 1,069
- Count of Q2 2025 Total Mortgage Originations: 1,455
- Ann Arbor, MI
- Yearly Increase in Total Mortgage Originations: 35.3 percent
- Count of Q2 2024 Total Mortgage Originations: 1,378
- Count of Q2 2025 Total Mortgage Originations: 1,865
- Evansville, IN
- Yearly Increase in Total Mortgage Originations: 31.5 percent
- Count of Q2 2024 Total Mortgage Originations: 2,134
- Count of Q2 2025 Total Mortgage Originations: 2,807
- Indianapolis, IN
- Yearly Increase in Total Mortgage Originations: 29.1 percent
- Count of Q2 2024 Total Mortgage Originations: 14,997
- Count of Q2 2025 Total Mortgage Originations: 19,355
- Columbus, GA
- Yearly Increase in Total Mortgage Originations: 28.2 percent
- Count of Q2 2024 Total Mortgage Originations: 1,110
- Count of Q2 2025 Total Mortgage Originations: 1,423
- Hilton Head Island, SC
- Yearly Increase in Total Mortgage Originations: 26.4 percent
- Count of Q2 2024 Total Mortgage Originations: 1,414
- Count of Q2 2025 Total Mortgage Originations: 1,787
- Davenport, IA
- Yearly Increase in Total Mortgage Originations: 25.9 percent
- Count of Q2 2024 Total Mortgage Originations: 2,161
- Count of Q2 2025 Total Mortgage Originations: 2,720
Want to learn more about mortgage origination trends in your area? Contact us to find out how!
