100+ datasets found
  1. T

    United States MBA 30-Yr Mortgage Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 4, 2025
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    TRADING ECONOMICS (2025). United States MBA 30-Yr Mortgage Rate [Dataset]. https://tradingeconomics.com/united-states/mortgage-rate
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 5, 1990 - Jun 13, 2025
    Area covered
    United States
    Description

    Fixed 30-year mortgage rates in the United States averaged 6.84 percent in the week ending June 13 of 2025. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  2. Quarterly mortgage interest rate in the U.S. 2019-2024, by mortgage type

    • statista.com
    • ai-chatbox.pro
    Updated Apr 28, 2025
    + more versions
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    Statista (2025). Quarterly mortgage interest rate in the U.S. 2019-2024, by mortgage type [Dataset]. https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/
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    Dataset updated
    Apr 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In the United States, interest rates for all mortgage types started to increase in 2021. This was due to the Federal Reserve introducing a series of hikes in the federal funds rate to contain the rising inflation. In the fourth quarter of 2024, the 30-year fixed rate rose slightly, to 6.63 percent. Despite the increase, the rate remained below the peak of 7.33 percent in the same quarter a year ago. Why have U.S. home sales decreased? Cheaper mortgages normally encourage consumers to buy homes, while higher borrowing costs have the opposite effect. As interest rates increased in 2022, the number of existing homes sold plummeted. Soaring house prices over the past 10 years have further affected housing affordability. Between 2013 and 2023, the median price of an existing single-family home risen by about 88 percent. On the other hand, the median weekly earnings have risen much slower. Comparing mortgage terms and rates Between 2008 and 2023, the average rate on a 15-year fixed-rate mortgage in the United States stood between 2.28 and 6.11 percent. Over the same period, a 30-year mortgage term averaged a fixed-rate of between 3.08 and 6.81 percent. Rates on 15-year loan terms are lower to encourage a quicker repayment, which helps to improve a homeowner’s equity.

  3. Mortgage interest rates in selected countries worldwide 2024

    • statista.com
    • ai-chatbox.pro
    Updated Jan 28, 2025
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    Statista (2025). Mortgage interest rates in selected countries worldwide 2024 [Dataset]. https://www.statista.com/statistics/1211807/mortgage-interest-rates-globally-by-country/
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    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2024
    Area covered
    Worldwide
    Description

    Mortgage interest rates worldwide varied greatly in 2024, from less than four percent in many European countries, to as high as 44 percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increase in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2023, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.

  4. T

    United States 30-Year Mortgage Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 5, 2025
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    TRADING ECONOMICS (2025). United States 30-Year Mortgage Rate [Dataset]. https://tradingeconomics.com/united-states/30-year-mortgage-rate
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jun 5, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 1971 - Jun 5, 2025
    Area covered
    United States
    Description

    30 Year Mortgage Rate in the United States decreased to 6.85 percent in June 5 from 6.89 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

  5. D

    Mortgage Loan Service Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Mortgage Loan Service Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/mortgage-loan-service-market
    Explore at:
    pdf, pptx, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Mortgage Loan Service Market Outlook



    The global mortgage loan service market size was valued at approximately $10.5 trillion in 2023 and is projected to reach around $18.2 trillion by 2032, growing at a CAGR of 6.1% during the forecast period. The growth of this market is driven by the increasing urbanization, rising disposable incomes, and favorable government policies aimed at promoting homeownership across various regions. Additionally, the proliferation of digital banking and fintech solutions has made mortgage services more accessible, further contributing to the market's expansion.



    One of the primary growth factors for the mortgage loan service market is the significant rise in housing demand globally. As urban populations swell and economic conditions improve, more individuals and families are seeking to purchase homes, driving the need for mortgage loans. This trend is particularly evident in emerging markets, where urbanization is occurring at an unprecedented rate. Governments are also playing a crucial role by implementing policies and grants to make housing more affordable, thereby boosting mortgage adoption.



    Technological advancements are another significant factor propelling the mortgage loan service market. The integration of AI, big data analytics, and blockchain technology has revolutionized the way mortgage services are delivered. These technologies streamline application processes, enhance risk assessment, and improve customer service, making it easier and faster for consumers to secure loans. Fintech companies, in particular, are leveraging these technologies to offer more competitive rates and personalized loan products, thereby attracting a broader customer base.



    Furthermore, the increasing participation of non-banking financial institutions (NBFIs) and credit unions has diversified the mortgage loan service market. These entities often provide more flexible and innovative loan products compared to traditional banks, meeting the needs of a more varied clientele. NBFIs and credit unions also tend to have more lenient approval processes, making them an attractive option for individuals with non-traditional income sources or lower credit scores. This diversification is contributing significantly to the market's growth.



    Mortgage Loans Software is playing an increasingly pivotal role in the evolution of the mortgage loan service market. As the industry embraces digital transformation, software solutions are being developed to streamline the entire mortgage process, from application to approval. These software platforms facilitate better data management, enhance customer experience, and improve operational efficiency for service providers. By automating routine tasks and providing real-time analytics, Mortgage Loans Software helps lenders make more informed decisions, reduce processing times, and minimize errors. This technological advancement is not only beneficial for lenders but also empowers borrowers by offering them greater transparency and control over their mortgage journey.



    Regionally, North America continues to dominate the mortgage loan service market due to its well-established financial infrastructure and high homeownership rates. However, the Asia Pacific region is expected to register the fastest growth during the forecast period, driven by rapid urbanization, rising incomes, and government initiatives aimed at affordable housing. Countries like China and India are particularly noteworthy due to their large and growing middle-class populations.



    Type Analysis



    The mortgage loan service market is segmented by type into fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, reverse mortgages, and others. Fixed-rate mortgages are the most popular type, offering borrowers the stability of a constant interest rate over the life of the loan. This makes them particularly attractive in times of low-interest rates, as borrowers can lock in favorable terms for the long term. The predictability of monthly payments also makes fixed-rate mortgages a preferred choice for many homeowners.



    Adjustable-rate mortgages (ARMs) offer lower initial interest rates compared to fixed-rate mortgages, making them an attractive option for borrowers who anticipate an increase in their income or plan to sell their property before the rate adjusts. However, the fluctuating interest rates can pose a risk, especially in volatile economic conditions. Despite this, the flexibility

  6. M

    30 Year Fixed Mortgage Rate - Historical Chart

    • macrotrends.net
    csv
    Updated Jun 30, 2025
    + more versions
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    MACROTRENDS (2025). 30 Year Fixed Mortgage Rate - Historical Chart [Dataset]. https://www.macrotrends.net/2604/30-year-fixed-mortgage-rate-chart
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    csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    1971 - 2025
    Area covered
    United States
    Description

    Interactive historical chart showing the 30 year fixed rate mortgage average in the United States since 1971.

  7. N

    North America Mortgage/Loan Brokers Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Jan 14, 2025
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    Data Insights Market (2025). North America Mortgage/Loan Brokers Market Report [Dataset]. https://www.datainsightsmarket.com/reports/north-america-mortgageloan-brokers-market-19687
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    Jan 14, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The North America mortgage/loan brokers market is poised for steady growth, with a market size of XX million and a CAGR of 5.00% during the forecast period of 2025-2033. The market is driven by rising homeownership rates, increasing mortgage interest rates, and growing demand for refinancing. Additionally, the emergence of fintech companies offering innovative mortgage products and services is further propelling market growth. Key market trends include the increasing use of technology to improve the mortgage process, the growing popularity of jumbo loans, and the rising demand for reverse mortgages. However, the market is also subject to certain restraints, such as regulatory changes and economic downturns. Major players in the market include Penny Mac, Home Point, Caliber Home Loans, and Fairway Independent Corporation. The United States is the largest market for mortgage/loan brokers in North America, followed by Canada. Recent developments include: In November 2022, To expand the use of eNotes across 250 locations in 49 states, Primary Residential Mortgage Inc. (PRMI) employed the eVault and digital closing platform from Snapdocs., In August 2022, Due to the slowdown in home sales caused by rising interest rates, the two biggest mortgage lenders in the US are increasing pressure on their smaller rivals by providing discounts and other incentives. The two biggest mortgage originators in the US, Rocket Mortgage and United Wholesale Mortgage, respectively, are pursuing aggressive strategies at a time when many lenders are leaving the market or going out of business.. Notable trends are: Increase in Digitization in Lending and Blockchain Technology is driving the market.

  8. F

    15-Year Fixed Rate Mortgage Average in the United States

    • fred.stlouisfed.org
    json
    Updated Jun 18, 2025
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    (2025). 15-Year Fixed Rate Mortgage Average in the United States [Dataset]. https://fred.stlouisfed.org/series/MORTGAGE15US
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 18, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-06-18 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

  9. M

    Mortgage Loan Service Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Mar 15, 2025
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    Archive Market Research (2025). Mortgage Loan Service Report [Dataset]. https://www.archivemarketresearch.com/reports/mortgage-loan-service-59252
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Mar 15, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global mortgage loan service market is experiencing robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and favorable government policies promoting homeownership. The market, valued at approximately $2 trillion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by a burgeoning demand for both residential and commercial mortgages, particularly in emerging economies with rapidly expanding middle classes. The residential segment currently dominates the market share, accounting for approximately 70%, with individual borrowers representing the largest application segment. However, the commercial estate and enterprise segments are witnessing significant growth, driven by increased corporate investments and infrastructural development. Key players like Rocket Mortgage, United Shore Financial Services, and Quicken Loans are leveraging technological advancements such as online platforms and AI-powered loan processing to enhance efficiency and customer experience, shaping the competitive landscape. The growth trajectory is expected to be influenced by fluctuating interest rates, macroeconomic conditions, and evolving regulatory frameworks. Nevertheless, the long-term outlook remains positive, underpinned by the fundamental drivers mentioned above. Technological advancements, particularly in fintech, are reshaping the mortgage loan service landscape. The rise of digital platforms, streamlined application processes, and enhanced data analytics are significantly improving accessibility and speed of loan approvals. This efficiency boost is leading to increased competition, encouraging lenders to offer more competitive interest rates and flexible repayment options to attract borrowers. Furthermore, the increasing adoption of alternative credit scoring models is broadening access to mortgage loans for previously underserved populations. Regional variations in market growth are expected, with North America and Asia-Pacific representing the largest markets. However, emerging economies in regions like South America and Africa hold significant potential for future growth, given the increasing demand for housing and infrastructural development within these markets. Geographic expansion and strategic partnerships remain key strategies for players aiming for market dominance within this evolving sector.

  10. Number of mortgages projected to face an interest rate increase in Canada by...

    • statista.com
    Updated Jan 28, 2025
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    Statista (2025). Number of mortgages projected to face an interest rate increase in Canada by 2025 [Dataset]. https://www.statista.com/statistics/1451790/mortgages-interest-rate-increase-canada/
    Explore at:
    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Canada
    Description

    More than three million mortgage loans are projected to be affected by the increasing mortgage interest rates in Canada by 2025. About one million of these mortgages are projected to be up for renewal in 2024. These loans were taken out at a time when interest rates were much lower, meaning that homeowners will be affected by a notable increase in their monthly payments.

  11. Average mortgage interest rates in the UK 2000-2025, by month and type

    • statista.com
    Updated May 8, 2025
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    Statista (2025). Average mortgage interest rates in the UK 2000-2025, by month and type [Dataset]. https://www.statista.com/statistics/386301/uk-average-mortgage-interest-rates/
    Explore at:
    Dataset updated
    May 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2000 - Apr 2025
    Area covered
    United Kingdom
    Description

    Mortgage rates increased at a record pace in 2022, with the **-year fixed mortgage rate doubling between March 2022 and December 2022. With inflation increasing, the Bank of England introduced several bank rate hikes, resulting in higher mortgage rates. In April 2025, the average **-year fixed rate interest rate reached **** percent. As borrowing costs get higher, demand for housing is expected to decrease, leading to declining market sentiment and slower house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold declined in 2022, reaching close to *** million. Despite the number of transactions falling, this figure was higher than the period before the COVID-19 pandemic. The falling transaction volume also impacted mortgage borrowing. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans fell year-on-year for five straight quarters in a row. How are higher mortgages affecting homebuyers? Homeowners with a mortgage loan usually lock in a fixed rate deal for two to ten years, meaning that after this period runs out, they need to renegotiate the terms of the loan. Many of the mortgages outstanding were taken out during the period of record-low mortgage rates and have since faced notable increases in their monthly repayment. About **** million homeowners are projected to see their deal expire by the end of 2026. About *** million of these loans are projected to experience a monthly payment increase of up to *** British pounds by 2026.

  12. M

    Mortgage Lending Market Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Jan 17, 2025
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    Pro Market Reports (2025). Mortgage Lending Market Report [Dataset]. https://www.promarketreports.com/reports/mortgage-lending-market-8008
    Explore at:
    ppt, pdf, docAvailable download formats
    Dataset updated
    Jan 17, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    Type of Mortgage Loan:Conventional Mortgage Loans: Backed by private investors and typically require a down payment of 20% or more.Jumbo Loans: Loans that exceed the conforming loan limits set by Fannie Mae and Freddie Mac.Government-insured Mortgage Loans: Backed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), or U.S. Department of Agriculture (USDA).Others: Includes non-QM loans, reverse mortgages, and shared equity programs.Mortgage Loan Terms:30-year Mortgage: The most common term, offering low monthly payments but higher overall interest costs.20-year Mortgage: Offers a shorter repayment period and lower long-term interest costs.15-year Mortgage: The shortest term, providing lower interest rates and faster equity accumulation.Others: Includes adjustable-rate mortgages (ARMs) and balloons loans.Interest Rate:Fixed-rate Mortgage Loan: Offers a stable interest rate over the life of the loan.Adjustable-rate Mortgage Loan (ARM): Offers an initial interest rate that may vary after a certain period, potentially leading to higher or lower monthly payments.Provider:Primary Mortgage Lender: Originates and services mortgages directly to borrowers.Secondary Mortgage Lender: Purchases mortgages from originators and packages them into securities for sale to investors. Key drivers for this market are: Digital platforms and AI-driven credit assessments have simplified the application process, improving accessibility and borrower experience. Potential restraints include: Fluctuations in interest rates significantly impact borrowing costs, affecting loan demand and affordability. Notable trends are: The adoption of online portals and mobile apps is transforming the mortgage process with faster approvals and greater transparency.

  13. Residential Mortgage Loan Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 23, 2024
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    Dataintelo (2024). Residential Mortgage Loan Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-residential-mortgage-loan-market
    Explore at:
    csv, pdf, pptxAvailable download formats
    Dataset updated
    Sep 23, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Residential Mortgage Loan Market Outlook



    The global residential mortgage loan market size was valued at approximately USD 15 trillion in 2023 and is projected to reach around USD 25 trillion by 2032, growing at a compound annual growth rate (CAGR) of 6.1% over the forecast period. The primary growth drivers for this market include increasing urbanization, rising disposable incomes, and favorable government policies aimed at promoting home ownership.



    One of the most significant factors contributing to the growth of the residential mortgage loan market is urbanization. As more people move to urban areas in search of better opportunities and living conditions, the demand for residential properties has surged. This urban migration has led to a corresponding increase in the demand for mortgage loans, as individuals seek financial assistance to purchase homes. Additionally, the trend of nuclear families is gaining traction, further boosting the demand for residential properties and, consequently, mortgage loans.



    Rising disposable incomes and improved economic conditions have also played a crucial role in the expansion of the residential mortgage loan market. As people earn more, they are more likely to invest in real estate, viewing homeownership as a long-term investment and a means of financial security. Furthermore, low-interest rates on mortgage loans, driven by monetary policies of various countries, have made borrowing more affordable, encouraging more people to take out mortgage loans.



    Government policies and initiatives aimed at promoting homeownership have significantly fueled the growth of the residential mortgage loan market. Many countries offer tax incentives, subsidies, and lower interest rates for first-time homebuyers and low-income groups. Such policies are designed to make homeownership more accessible and affordable, driving the demand for mortgage loans. Additionally, governments are increasingly collaborating with financial institutions to provide affordable housing solutions, further stimulating market growth.



    On a regional level, North America and Europe have traditionally dominated the residential mortgage loan market due to their mature real estate markets and high homeownership rates. However, emerging economies in the Asia Pacific and Latin America regions are witnessing rapid growth in this sector. Factors such as increasing population, urbanization, and rising middle-class incomes are driving the demand for residential mortgage loans in these regions. Moreover, favorable government policies and a growing number of financial institutions offering mortgage products are further contributing to market expansion.



    Type Analysis



    The residential mortgage loan market is segmented by type into fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, and others. Fixed-rate mortgages are the most popular type, owing to their stability and predictability. Borrowers prefer fixed-rate mortgages because they offer a consistent monthly payment plan, making it easier for them to budget and plan their finances. This stability is particularly appealing during times of economic uncertainty or fluctuating interest rates.



    Adjustable-rate mortgages (ARMs), on the other hand, offer lower initial interest rates compared to fixed-rate mortgages. However, the rate can fluctuate based on market conditions, which can either be an advantage or a risk for borrowers. ARMs are often chosen by those who plan to sell or refinance their homes before the adjustable period begins. This type of mortgage is popular among borrowers who are willing to take a risk for the potential benefit of lower initial costs.



    Interest-only mortgages allow borrowers to pay only the interest on the loan for a specified period, usually between five to ten years. After this period, the borrower must start paying both the principal and the interest, resulting in higher monthly payments. Interest-only mortgages are typically utilized by investors or those expecting a significant increase in income in the future. This type allows for lower initial payments, providing greater cash flow flexibility in the short term.



    The 'Others' category includes various specialized mortgage products tailored to meet specific borrower needs. These can include reverse mortgages, which allow seniors to convert part of their home equity into cash, and jumbo loans, which cater to borrowers looking to finance luxury homes that exceed conforming loan limits. The diversity in mortgage types ensures that there are suitab

  14. U

    US Mortgage Lending Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 30, 2025
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    Market Report Analytics (2025). US Mortgage Lending Market Report [Dataset]. https://www.marketreportanalytics.com/reports/us-mortgage-lending-market-99565
    Explore at:
    pdf, doc, pptAvailable download formats
    Dataset updated
    Apr 30, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The US mortgage lending market, a cornerstone of the American economy, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, a consistently increasing population and household formations drive demand for housing, consequently boosting mortgage loan originations. Secondly, historically low interest rates in recent years have stimulated borrowing, making homeownership more accessible. Furthermore, government initiatives aimed at supporting homeownership, along with increasing disposable incomes in certain segments of the population, contribute to the market's positive trajectory. The market is segmented by loan type (fixed-rate mortgages and home equity lines of credit), service providers (commercial banks, financial institutions, credit unions, and other lenders), and application mode (online and offline). Competition is intense among major players like Bank of America, Chase Bank, and US Bank, with smaller institutions and credit unions vying for market share. While the overall trend is positive, potential headwinds include fluctuations in interest rates, economic downturns impacting consumer confidence, and stringent regulatory environments which can impact lending practices. The geographical distribution of the US mortgage lending market reflects regional economic variations. While the United States dominates North America's market share, growth potential exists across various international markets. European and Asian markets, though characterized by distinct regulatory landscapes and consumer behaviors, present opportunities for expansion. The market's future trajectory will depend on several interconnected factors, including macroeconomic conditions, demographic shifts, and technological advancements influencing the mortgage lending process. The continued adoption of digital technologies is expected to streamline lending processes and expand access, impacting the future of the market significantly. Strategic partnerships and acquisitions are also anticipated, further consolidating the market landscape and driving innovation. Recent developments include: August 2023: Spring EQ, a provider of home equity financing solutions, has entered into a definitive agreement to be acquired by an affiliate of Cerberus Capital Management, L.P., a global leader in alternative investing. The main aim of the partnership is to support Spring EQ's mission to deliver offerings and expand its leadership in the home equity financing market., June 2023: VIU by HUB, a digital insurance brokerage platform subsidiary of Hub International Limited, has entered into a new partnership with Unison, a home equity-sharing company. The collaboration will allow homeowners to compare insurance coverage quotes from various carriers and receive expert advice throughout the process.. Key drivers for this market are: Home Renovation Trends are Driving the Market. Potential restraints include: Home Renovation Trends are Driving the Market. Notable trends are: Home Equity Lending Market is Being Stimulated By Rising Home Prices.

  15. U

    US Mortgage/Loan Brokers Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Dec 19, 2024
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    Data Insights Market (2024). US Mortgage/Loan Brokers Market Report [Dataset]. https://www.datainsightsmarket.com/reports/us-mortgageloan-brokers-market-19699
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    Dec 19, 2024
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    US Mortgage/Loan Brokers Market Analysis The US mortgage/loan brokers market is substantial, valued at USD XX million in 2025 with a projected CAGR of 5.00% during 2025-2033. This growth is attributed to factors such as rising demand for home ownership, increasing home values, and low interest rates. The market is segmented by component (products, services), enterprise (large, small, medium-sized), application (home loans, commercial loans, etc.), end-user (business, individuals), and region. Prominent players include Quicken Loans, Wells Fargo, and Caliber Home Loans. Market Drivers and Trends The growth of the US mortgage/loan brokers market is driven by several factors, including the increasing demand for residential and commercial construction, government incentives for home ownership, and the availability of various loan options. Additionally, technological advancements, such as online loan applications and mobile banking, are simplifying the loan application process. However, rising interest rates and stricter lending regulations pose potential challenges to the market's growth. Nonetheless, the growing need for mortgages and the increasing complexity of loan processes are expected to drive the market's expansion in the coming years. Recent developments include: November 2022: A digital home equity line of credit was introduced by loanDepot, one of the country's biggest non-bank retail mortgage lenders, against the backdrop of inflation and rising consumer debt., October 2022: Pennymac Financial Services launched POWER+, its next generation broker technology platform. Brokers will now have more speed and control over the mortgage process to deliver an exceptional experience to their customers and referral partners.. Notable trends are: Adoption of the New Technologies Driving the Market.

  16. U

    US Mortgage Lending Market Report

    • precisionmarketview.com
    Updated Jun 3, 2025
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    Precision Market View (2025). US Mortgage Lending Market Report [Dataset]. https://www.precisionmarketview.com/reports/us-mortgage-lending-market-19511
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    Dataset updated
    Jun 3, 2025
    Dataset authored and provided by
    Precision Market View
    Time period covered
    2025 - 2033
    Variables measured
    Market Size
    Description

    The US Mortgage Lending Market is poised for significant growth, projected to expand at a compound annual growth rate (CAGR) of over 5% from 2025 to 2033. In 2025, the market size is estimated to reach $2.5 trillion, reflecting robust demand for housing finance across various demographics. Key drivers of this growth include low interest rates, government incentives for homebuyers, and an increase in disposable income among the middle class. Major players such as Bank of America, Chase Bank, and US Bank are leveraging advanced digital platforms to streamline the mortgage application process, enhancing customer experience and operational efficiency. Trends such as the rise of online mortgage applications and the integration of AI for credit assessment are reshaping the industry, making it more accessible and efficient. Despite the positive outlook, the market faces restraints such as stringent regulatory requirements and potential interest rate hikes that could dampen demand. The market is segmented into various categories, with residential mortgages being the dominant segment due to the ongoing demand for homeownership. The competitive landscape is characterized by strategic collaborations and mergers aimed at expanding market reach and enhancing service offerings. Regionally, the market is predominantly driven by the Northeast and West Coast, where high property values and a strong economy fuel mortgage lending. As the market continues to evolve, stakeholders are encouraged to focus on innovation and customer-centric solutions to capitalize on emerging opportunities. Recent developments include: August 2023: Spring EQ, a provider of home equity financing solutions, has entered into a definitive agreement to be acquired by an affiliate of Cerberus Capital Management, L.P., a global leader in alternative investing. The main aim of the partnership is to support Spring EQ's mission to deliver offerings and expand its leadership in the home equity financing market., June 2023: VIU by HUB, a digital insurance brokerage platform subsidiary of Hub International Limited, has entered into a new partnership with Unison, a home equity-sharing company. The collaboration will allow homeowners to compare insurance coverage quotes from various carriers and receive expert advice throughout the process.. Key drivers for this market are: Home Renovation Trends are Driving the Market. Potential restraints include: Home Renovation Trends are Driving the Market. Notable trends are: Home Equity Lending Market is Being Stimulated By Rising Home Prices.

  17. Projected monthly cost change of mortgages in the UK 2024-2026

    • statista.com
    Updated Jan 30, 2025
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    Statista (2025). Projected monthly cost change of mortgages in the UK 2024-2026 [Dataset]. https://www.statista.com/statistics/1399938/monthly-cost-increase-of-uk-mortgages/
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    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    About 1.4 million households with mortgages up for renewal in the United Kingdom (UK) will face increasing monthly costs by the end of 2024 because of the aggressive mortgage interest hikes since the beginning of 2022. For about one million of these households, the increase will be between one British pound and 300 British pounds, while for 388,000 households, the increase will be higher. By December 2026, the number of households with rising mortgage payments is projected at 3.9 million. Meanwhile, about two million mortgage borrowers are expected to benefit from reduced mortgage payments by the end of 2026.

  18. U

    USA Home Loan Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated May 7, 2025
    + more versions
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    Market Report Analytics (2025). USA Home Loan Market Report [Dataset]. https://www.marketreportanalytics.com/reports/usa-home-loan-market-99695
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    doc, pdf, pptAvailable download formats
    Dataset updated
    May 7, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States, Global
    Variables measured
    Market Size
    Description

    The US home loan market, a cornerstone of the American economy, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033. This expansion is fueled by several key drivers. Low interest rates, particularly in the early part of the forecast period, have historically stimulated borrowing, making homeownership more accessible. A growing population, coupled with increasing urbanization and a persistent demand for housing in key metropolitan areas, further fuels this market's expansion. Government initiatives aimed at supporting homeownership, such as tax incentives and affordable housing programs, also play a significant role. The market is segmented by loan type (purchase, refinance, improvement), source (banks, HFCs), interest rate (fixed, floating), and loan tenure. While refinancing activity might fluctuate based on prevailing interest rates, the underlying demand for home purchases remains strong, particularly in regions with robust job markets and population growth. Competition among lenders, including major players like Rocket Mortgage, LoanDepot, and Wells Fargo, alongside regional and smaller banks, is fierce, resulting in innovative loan products and competitive pricing. However, the market is not without its challenges. Rising inflation and potential interest rate hikes pose a significant risk, potentially dampening demand and increasing borrowing costs. Stringent lending regulations and increased scrutiny of creditworthiness could restrict access to loans for some borrowers. Furthermore, fluctuations in the housing market itself, including supply chain disruptions impacting construction and material costs, can influence the overall growth trajectory. Despite these headwinds, the long-term outlook for the US home loan market remains positive, driven by the fundamental need for housing and ongoing economic expansion in select regions. The diverse segmentation of the market allows for a nuanced understanding of the specific growth drivers and challenges within each segment. For instance, the home improvement loan segment is expected to see strong growth driven by homeowners' increasing desire to upgrade their existing properties. Recent developments include: June 2023: Bank of America Corp has been adding consumer branches in four new U.S. states, it said on Tuesday, bringing its national footprint closer to rival JPMorgan Chase & Co. Bank of America will likely open new financial centers in Nebraska, Wisconsin, Alabama, and Louisiana as part of a four-year expansion across nine markets, including Louisville, Milwaukee, and New Orleans., July 2022: Rocket Mortgage entered the Canadian Market with the acquisition. The company expanded from offering home loans in Ontario at launch to now providing mortgages in every province, primarily from its headquarters in downtown Windsor. The Edison Financial team grew along with the company, starting with just four team members in early 2020 to more than 140 at present.. Key drivers for this market are: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Potential restraints include: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Notable trends are: Growth in Nonbank Lenders is Expected to Drive the Market.

  19. Mortgage Rates By Banks in Canada

    • rates.ca
    Updated Apr 21, 2025
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    RATESDOTCA (2025). Mortgage Rates By Banks in Canada [Dataset]. https://rates.ca/mortgage-rates
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    Dataset updated
    Apr 21, 2025
    Dataset provided by
    RATESDOTCA Group Ltd.
    Authors
    RATESDOTCA
    Time period covered
    2001 - 2023
    Area covered
    Canada
    Variables measured
    Mortgage rates
    Description

    Rates have been trending downward in Canada for the last five years. The ebbs and flows are caused by changes in Canada’s bond yields (driven by Canadians economic developments and international rate movements, particularly U.S. rate fluctuations) and the overnight rate (which is set by the Bank of Canada). As of August 2022, there has been a 225 bps increase in the prime rate, since beginning of year 2022, from 2.45% to 4.70% as of Aug 24th 2022. The following are the historical conventional mortgage rates offered by the 6 major chartered banks in Canada in the past 20 years.

  20. T

    United States MBA Mortgage Applications

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 28, 2025
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    TRADING ECONOMICS (2025). United States MBA Mortgage Applications [Dataset]. https://tradingeconomics.com/united-states/mortgage-applications
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 12, 1990 - May 30, 2025
    Area covered
    United States
    Description

    Mortgage Application in the United States decreased by 3.90 percent in the week ending May 30 of 2025 over the previous week. This dataset provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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TRADING ECONOMICS (2025). United States MBA 30-Yr Mortgage Rate [Dataset]. https://tradingeconomics.com/united-states/mortgage-rate

United States MBA 30-Yr Mortgage Rate

United States MBA 30-Yr Mortgage Rate - Historical Dataset (1990-01-05/2025-06-13)

Explore at:
4 scholarly articles cite this dataset (View in Google Scholar)
xml, excel, json, csvAvailable download formats
Dataset updated
Jun 4, 2025
Dataset authored and provided by
TRADING ECONOMICS
License

Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically

Time period covered
Jan 5, 1990 - Jun 13, 2025
Area covered
United States
Description

Fixed 30-year mortgage rates in the United States averaged 6.84 percent in the week ending June 13 of 2025. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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