Refis Account For More Than Half Of Q1 Home Loans
News

Refis Account For More Than Half Of Q1 Home Loans

May 22, 2020
by
Navi Persaud

The 2020 U.S. Residential Property Mortgage Origination Report from ATTOM Data Solutions has found that residential mortgage refinances were responsible for more than half of home loans in the first quarter of 2020. ATTOM's report stated that 1.07 million residential refinance mortgages were originated in the the first quarter of 2020, and while that figure is a 16% decrease from Q4 of 2019, it represents an 87% increase from Q1 of 2019.

Read more from the 2020 U.S. Residential Property Mortgage Origination Report.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com
Refis Account For More Than Half Of Q1 Home Loans
May 22, 2020 11:52 AM
by
Navi Persaud
News

The 2020 U.S. Residential Property Mortgage Origination Report from ATTOM Data Solutions has found that residential mortgage refinances were responsible for more than half of home loans in the first quarter of 2020. ATTOM's report stated that 1.07 million residential refinance mortgages were originated in the the first quarter of 2020, and while that figure is a 16% decrease from Q4 of 2019, it represents an 87% increase from Q1 of 2019.

Read more from the 2020 U.S. Residential Property Mortgage Origination Report.

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