ATTOM’s Q4 2021 U.S. Residential Property Mortgage Origination Report shows that 3.27 million mortgages secured by residential property were originated in the fourth quarter of 2021 in the United States. That figure was down 11% from the third quarter of 2021 and 13% from the fourth quarter of 2020.
The total number of mortgages issued was down for the third quarter in a row while the annual decrease marked the largest since late 2018.