In the third quarter of 2023, the total value of mortgage originations for purchasing one-to-four family residential housing in the United States was approximately 363 billion U.S. dollars, which was a decrease from the same quarter the year before. This was over 80 percent of the total volume of mortgage lending in the fourth quarter of 2022.
Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023
(in billion U.S. dollars)
Covers one- to four-family residential non farm mortgage
loans. Mortgage origination is the making of a new mortgage, including all steps taken by a lender to attract and qualify a borrower, process the mortgage loan, and place it on the lender’s books. Based on the national Delinquency Survey which covers 45 million loans on one- to four unit properties, representing between 80 to 85 percent of all 'first lien' residential mortgage loan outstanding. Loans surveyed were reported by approximately 120 lenders, including mortgage bankers, commercial banks and thrifts.
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Mortgage Bankers Association. (March 15, 2024). Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/
Mortgage Bankers Association. "Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023 (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/
Mortgage Bankers Association. (2024). Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/
Mortgage Bankers Association. "Total Mortgage Originations for a House Purchase in The United States from 1st Quarter 2000 to 3rd Quarter 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/
Mortgage Bankers Association, Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/ (last visited October 31, 2024)
Total mortgage originations for a house purchase in the United States from 1st quarter 2000 to 3rd quarter 2023 (in billion U.S. dollars) [Graph], Mortgage Bankers Association, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/205947/us-purchase-mortgage-originations-since-1990/