Refinance Lending Remains Unusually Strong Across the U.S.

Source: The World Property Journal — 

According to ATTOM Data Solutions’ first-quarter 2021 U.S. Residential Property Mortgage Origination Report, 3.77 million mortgages secured by residential property (1 to 4 units) were originated in the first quarter of 2021 in the United States.

That figure was up 3 percent from the previous quarter and 71 percent from the first quarter of 2020 – to the highest level in more than 14 years. The increase also marked the first time that the total number of home mortgages rose from a fourth-quarter period to a first-quarter period since 2009.