The country saw 1.62 million residential mortgage originations in the second quarter of 2024, an increase of 23.2% from the previous quarter, and the first quarterly gain in a year.
The increase in overall lending in Q2 came amid the Spring homebuying season and lower mortgage interest rates that dipped downward after months of increases, according to Attom’s Q2 residential property mortgage origination report.
“The mortgage industry got one of its biggest boosts in years during the second quarter, supported by a combination of the usual Springtime homebuyer demand coupled details ⇒
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