Origination Volume Plummets To Lowest Level Since The Millennium Began
ATTOM reports dollar volume in Q1 2024 was less than one-third of 2021's quarterly high.
ATTOM reports dollar volume in Q1 2024 was less than one-third of 2021's quarterly high.
High interest rates are compressing usage by 55% or $54B.
Black Knight says locks remain suppressed by high rates, lack of inventory.
Total residential loans drops nearly 20% as just 1.25m loans were originated.
Refinance mortgage originations hit low point this century.