Tag: mortgage origination
Steep Drop In Mortgage Lending Continues Across U.S. In Third Quarter, Hitting Three-Year Low
Total Loans Down Another 19 Percent Quarterly, Marking Sixth Straight Drop; Refinance Lending Declines Another 31 Percent Quarterly, While Purchase Loans Decrease 16 Percent; Drop-offs Far Outweigh Ongoing Rise in Home-Equity Lending IRVINE, Calif. – Nov. 17, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property... Read More »
Top 10 U.S. Metros with Greatest Quarterly Increases in Purchase Mortgages
According to ATTOM’s Q2 2022 U.S. Residential Property Mortgage Origination Report, 2.39 million mortgages secured by residential property were originated in Q2 2022 in the U.S. That figure was down 13 percent from Q2 2022 – the fifth quarterly decrease in a row – and down 40 percent Q2 2021 – the biggest annual drop since 2014. The report noted... Read More »
Steep Drop In Refinance Activity Drives Continued Slump In Mortgage Lending Across U.S. In Second Quarter
Refinance Lending Drops 36 Percent Quarterly, Outweighing Rise in Other Lending Activity; Total Loans Down Another 13 Percent, Continuing Year-Long Decline; Purchase Mortgages Up 8 Percent While Home-Equity Deals Increase 35 Percent IRVINE, Calif. – Aug. 25, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property... Read More »
Top 10 U.S. Housing Markets with Highest Quarterly Increases in HELOC Lending
According to ATTOM’s Q1 2022 U.S. Residential Property Mortgage Origination Report, 2.71 million mortgages secured by residential property were originated in Q1 2022 in the U.S. – down 18 percent from Q4 2021, the largest quarterly decrease since 2017, and down 32 percent from Q1 2021, the biggest annual drop since 2014. The report noted that the... Read More »
Mortgage Lending Plummets Across U.S. in First Quarter Amid Sharp Drops in Purchase and Refinance Activity
Overall Residential Lending Activity Down Annually by 32 Percent, Marking Fastest Decline in Eight Years; Number of New Loans Decreases for Fourth Straight Quarter; Refinance Lending Drops Another 22 Percent While Purchase Mortgages Dip 18 Percent IRVINE, Calif. – June 9, 2022 — ATTOM, a leading curator of real estate data nationwide for land and... Read More »