TRD Insights: Home lending in the United State was solid before the coronavirus pandemic hit

Home lending in the United States entered the coronavirus pandemic on solid footing, according to a quarterly report from real estate data provider Attom Data Solutions. With interest rates hitting all-time lows in the first quarter, refinancings enjoyed the steepest annual growth, and also made up nearly half of all loans originated. Although the dollar volume of refinancings dropped by 16 percent from last quarter, it doubled from last year, reaching $329 billion. The number

source https://therealdeal.com/2020/05/28/trd-insights-home-lending-in-the-united-state-was-solid-before-the-coronavirus-pandemic-hit/