The U.S. mortgage market has declined notably since 2020 and 2021, mostly due to the effect of higher borrowing costs on refinance mortgages. The value of refinancing mortgage originations, amounted to 86 billion U.S. dollars in the first quarter of 2024, down from a peak of 851 billion U.S. dollars in the fourth quarter of 2020. The value of mortgage loans for the purchase of a property recorded milder fluctuations, with a value of 291 billion U.S. dollars in the first quarter of 2024, and a market peak of 477 billion U.S. dollars in the first quarter of 2022. According to the forecast, mortgage lending is expected to slightly increase until the end of 2025. The cost of mortgage borrowing in the U.S. Mortgage interest rates in the U.S. rose dramatically in 2022 and continued to increase in 2023. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2023, the average rate for the same mortgage type exceeded seven percent. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market. The effect of a slower housing market on property prices and rents According to the S&P/Case Shiller U.S. National Home Price Index, housing prices experienced a slight correction in early 2023, as property transactions declined. Nevertheless, the index continued to grow in the following months. On the other hand, residential rents have increased steadily since 2000.

The National Mortgage Database (NMDB®) is a nationally representative five percent sample of residential mortgages in the United States.

Mortgage Application in the United States decreased by 2 percent in the week ending March 21 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.

This table contains 80 series, with data starting from 1982 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Mortgages (4 items: Total, mortgage loans outstanding; Mortgages in Canada outstanding; Mortgage loans outside Canada outstanding; Allowance for credit losses); Increases and decreases (15 items: Total, increases and decreases; Gross increase; Cash disbursement of principal; Purchases of mortgages from; ...); Type of mortgage (7 items: Total, mortgages; Total, residential mortgages; Residential mortgages, insured; Residential mortgages, uninsured; ...).

Black mortgage applicants had the highest denial rates in the United States between the first quarter of 2019 and the third quarter of 2023. In the third quarter of 2023, denial rates were 30 percent for Black applicants, while Hispanic applicants had the second-highest denial rates at 22.1 percent. For all races, the denial rates significantly fluctuated between 2019 and 2023.

United States Employment: NF: FA: Mortgages & Non Mortgage Loan Broker data was reported at 91.300 Person th in May 2018. This records a decrease from the previous number of 91.900 Person th for Apr 2018. United States Employment: NF: FA: Mortgages & Non Mortgage Loan Broker data is updated monthly, averaging 69.400 Person th from Jan 1990 (Median) to May 2018, with 341 observations. The data reached an all-time high of 148.200 Person th in Apr 2006 and a record low of 28.700 Person th in Feb 1991. United States Employment: NF: FA: Mortgages & Non Mortgage Loan Broker data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G024: Current Employment Statistics Survey: Employment: Non Farm.

The value of residential mortgage lending decreased across many European countries in the first quarter of 2024. In the UK, new lending declined from about 66.8 billion euros to 59 billion euros between the first quarters of 2023 and 2024. One of the main reasons was the worsening economic conditions and rising interest rates. Together with France and Germany, the UK make up the top three biggest markets, both in terms of gross mortgage lending and outstanding mortgage lending.

New Mortgage Lending Statistics. Published by Central Bank of Ireland. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).These data relate to new mortgage lending on residential property in Ireland on an annual basis. Data relates to those institutions [(banks and non-bank mortgage lenders)] who issue at least €50 million of new mortgage lending in a six-month period and are subsequently required to submit loan-level information to the Central Bank for the purposes of the macroprudential mortgage measures. The value and volume of new lending is provided, by borrower type, along with the distribution of lending by Loan-to-value and Loan-to-income ratio. Average characteristics are also provided. These data do not constitute official statistics. These data are published to support transparency and understanding of market developments....

Data for households in receipt of Support for Mortgage Interest (SMI) loans is available in Stat-Xplore on a quarterly basis.

These quarterly experimental statistics include number of households who are currently in receipt of the support as well as the number who have received SMI loans so far (see the background information and methodology note for an explanation of households).

The statistics are broken down by:

• Quarter
• Country, Region
• Qualifying Benefit

Notices

Geography data:

• geography information may not be up to date for some households. This affects the geography statistics from April 2020.

Background information

Read the background information and methodology note for guidance on these statistics, such as timeliness and interpretation.

Interactive statistics

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Next releases

Support for Mortgage Interest statistics are published quarterly. The dates for future releases are listed in the statistics release calendar.

Pre-release access

In addition to staff who are responsible for the production and quality assurance of the statistics, up to 24-hour pre-release access is provided to ministers and other officials. We publish the job titles and organisations of the people who have been granted up to 24-hour pre-release access to the latest Support for Mortgage Interest statistics.

This table contains 102 series, with data starting from 2013, and some select series starting from 2016. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Components (51 items: Total, funds advanced, residential mortgages, insured; Variable rate, insured; Fixed rate, insured, less than 1 year; Fixed rate, insured, from 1 to less than 3 years; ...), and Unit of measure (2 items: Dollars; Interest rate). For additional clarification on the component dimension, please visit the OSFI website for the Report on New and Existing Lending.

Spain Number of Mortgages: Urban Areas data was reported at 40,721.000 Unit in May 2018. This records an increase from the previous number of 38,655.000 Unit for Apr 2018. Spain Number of Mortgages: Urban Areas data is updated monthly, averaging 73,980.000 Unit from Jan 2003 (Median) to May 2018, with 185 observations. The data reached an all-time high of 180,116.000 Unit in Sep 2005 and a record low of 18,271.000 Unit in Aug 2013. Spain Number of Mortgages: Urban Areas data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.EB012: Mortgage Statistics.

The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators. They jointly publish the mortgage lending statistics every quarter. Since the beginning of 2007, around 340 regulated mortgage lenders and administrators have been required to submit a Mortgage Lending and Administration Return (MLAR) each quarter, providing data on their mortgage lending activities. Latest findings The outstanding value of all residential mortgage loans decreased by 0.1% from the previous quarter to £1,657.6 billion, and was 1.1% lower than a year earlier. The value of gross mortgage advances decreased by 13.4% from the previous quarter to £54.0 billion, and was 33.8% lower than a year earlier. The value of new mortgage commitments (lending agreed to be advanced in the coming months) decreased by 6.6% from the previous quarter to £46.0 billion, and was 21.2% lower than a year earlier. If the onset of the Covid-19 pandemic is excluded, this was the lowest observed since 2013 Q1.

The mortgage debt service ratio in the United States increased slightly, after dipping to the lowest value on record in the beginning of 2021. The ratio measures the mortgage debt service payments as a percentage of disposable personal income during a specific quarter and shows the financial burden placed on households by mortgage borrowing. In the first quarter of 2023, the total required mortgage payments amounted to approximately 3.93 percent of disposable personal income - almost half of the mortgage debt service ratio before the subprime mortgage crisis broke out in 2007.

Spain Number of Mortgages: Urban Areas: Saving Institutions Loans data was reported at 0.000 Unit in May 2018. This stayed constant from the previous number of 0.000 Unit for Apr 2018. Spain Number of Mortgages: Urban Areas: Saving Institutions Loans data is updated monthly, averaging 37,641.000 Unit from Jan 2003 (Median) to May 2018, with 185 observations. The data reached an all-time high of 105,347.000 Unit in Jan 2007 and a record low of 0.000 Unit in May 2018. Spain Number of Mortgages: Urban Areas: Saving Institutions Loans data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.EB012: Mortgage Statistics.

The Residential Mortgage Arrears and Repossessions Statistics detail quarterly developments in the number and value of mortgages in arrears, restructured mortgages, in legal proceedings and repossessed properties. Data are broken down by principal residences (PDH) and buy-to let properties. Data are published on a quarterly basis and are subject to revisions

Mortgage Originations in the United States increased to 465.35 Billion USD in the fourth quarter of 2024 from 448.31 Billion USD in the third quarter of 2024. This dataset includes a chart with historical data for the United States Mortgage Originations.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q4 2024 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

Spain Number of Mortgages: Urban Areas: Land Sites data was reported at 590.000 Unit in May 2018. This records an increase from the previous number of 510.000 Unit for Apr 2018. Spain Number of Mortgages: Urban Areas: Land Sites data is updated monthly, averaging 2,566.000 Unit from Jan 2003 (Median) to May 2018, with 185 observations. The data reached an all-time high of 6,905.000 Unit in May 2007 and a record low of 434.000 Unit in Dec 2016. Spain Number of Mortgages: Urban Areas: Land Sites data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.EB012: Mortgage Statistics.

Quarterly non-bank residential mortgages extended by type of increase and new funds advanced by term to maturity, by insurance status, by lender type and number of mortgages, displayed in thousands of dollars, unless otherwise specified.

Graph and download economic data for Large Bank Consumer Mortgage Originations: Original Loan-to-Value (LTV): 50th Percentile (RCMFLOLTVPCT50) from Q3 2012 to Q3 2024 about FR Y-14M, origination, large, percentile, mortgage, loans, consumer, banks, depository institutions, and USA.