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【World Property Journal】U.S. Mortgage Lending Dives 32 Percent in Q1, Fastest Decline in 8 Years

【World Property Journal】U.S. Mortgage Lending Dives 32 Percent in Q1, Fastest Decline in 8 Years

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Based on ATTOM's first-quarter 2022 U.S. Residential Property Mortgage Origination Report, 2.71 million mortgages secured by residential property (1 to 4 units) originated in the first quarter of 2022 in the United States. That figure was down 18 percent from the fourth quarter of 2021 - the largest quarterly decrease since 2017 - and down 32 percent from the first quarter of 2021 - the biggest annual drop since 2014.

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