The value of mortgage applications for home purchase in the United States exceeded three trillion U.S. dollars in 2021. That included applications with different outcomes, such as loan origination, application denied, withdrawn by applicant, and other. White applicants accounted for the highest number applications and originations. The value of home purchase mortgage applications by white applicants was approximately 1.6 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 176 billion U.S. dollars. The the value of mortgage applications by Asian applicants was slightly higher at 276 billion U.S. dollars.
Value of home purchase mortgage applications in the United States in 2021, by race
(in billion U.S. dollars)
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FFIEC. (June 16, 2022). Value of home purchase mortgage applications in the United States in 2021, by race (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/
FFIEC. "Value of home purchase mortgage applications in the United States in 2021, by race (in billion U.S. dollars)." Chart. June 16, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/
FFIEC. (2022). Value of home purchase mortgage applications in the United States in 2021, by race (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/
FFIEC. "Value of Home Purchase Mortgage Applications in The United States in 2021, by Race (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Jun 2022, https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/
FFIEC, Value of home purchase mortgage applications in the United States in 2021, by race (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/ (last visited January 08, 2025)
Value of home purchase mortgage applications in the United States in 2021, by race (in billion U.S. dollars) [Graph], FFIEC, June 16, 2022. [Online]. Available: https://www.statista.com/statistics/1361295/mortgage-application-home-purchase-by-race-usa/
