But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Source: Inman News
Posts published in “mortgage originations”
For those who believe an impending doom is on the horizon, here is some bad news: It’s not going to happen. In this second of…
The booming housing market could be slowing down — Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Source: Inman…
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000. Source: Inman…
During the third quarter of 2020, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years. Source:…
During the second quarter of 2020, 1.69 million refinance mortgages were secured by residential properties in the U.S., a number up nearly 50 percent from…
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same…
Decreasing mortgage rates contributed to the highest volume in mortgage originations in 14 years at a total of $752 billion, according to the Federal Reserve…