ATTOM’s newly released Q4 2021 Residential Property Mortgage Origination Report reveals that mortgage lending across the U.S. in Q4 2021 was down for the third quarter in a row – by 11% from Q3 2021 and 13% from Q4 2020, marking the largest annual decrease since late 2018.
According to ATTOM’s most recent mortgage origination analysis, the overall drop-off resulted from across-the-board quarterly declines in all three categories of conventional loans – purchase, refinance