In 2024, Rocket Mortgage was the firm with the highest value of refinance mortgage originations. The company was responsible for refinance loans worth **** billion U.S. dollars that year, nearly *****billion U.S. dollars more than the second lender in the ranking, United Wholesale Mortgage. The mortgage market has suffered a decline in new business since 2021, mostly due to refinancing loans plummeting due to the higher mortgage interest rates. Nevertheless, the market is forecast to pick up in 2026, as interest rates decline.

In 2024, Rocket Mortgage was the company with the largest market share based on the value of refinance mortgage originations. The company was responsible for nearly **** percent of the refinancing market in that year, *** percentage points more than the market share of the second lender in the ranking, United Wholesale Mortgage. The mortgage market has suffered a decline in new business since 2021, mostly because of refinancing loans plummeting due to the higher mortgage interest rates. Nevertheless, the market is forecast to pick up in 2026, as interest rates decline.

View weekly updates and historical trends for 30 Year Mortgage Rate. from United States. Source: Freddie Mac. Track economic data with YCharts analytics.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-11-26 about 15-year, mortgage, fixed, interest rate, interest, rate, and USA.

Lender Type Net Charges and Credits Interest Rate Originations Bank $1,134 6.875% 7,903 Affiliate of a depository $1,124 6.875% 56 Independent $2,018 6.75% 23,220 Credit Union $942 6.75% 1,134 MBS of state member bank $2,486 6.99% 668 MBS of bank holding company $1,499 6.688% 170

In the fourth quarter of 2024, the refinance mortgage originations of one-to-four family housing in the United States rose to approximately 190 billion U.S. dollars. This was substantially higher than the recent market dip to 46 billion U.S. dollars in the final quarter of 2021. Nevertheless, the increase was shy from the volumes observed during the 2020-2021 peak, when refinancing activity surged due to low mortgage interest rates. Refinance mortgage originations were less than 39 percent of total mortgage originations in the fourth quarter of 2023.

Year Occupancy Type Interest Rate 2020 Primary Residence 3.291% 2020 Investment Property 4.444% 2020 Second Residence 3.22% 2021 Primary Residence 3.115% 2021 Investment Property 4.173% 2021 Second Residence 3.131% 2022 Primary Residence 4.912% 2022 Investment Property 5.783% 2022 Second Residence 4.776% 2023 Primary Residence 6.525% 2023 Investment Property 7.84% 2023 Second Residence 6.925% 2024 Primary Residence 6.502% 2024 Investment Property 7.883% 2024 Second Residence 7.054%

30 Year Mortgage Rate in the United States decreased to 6.23 percent in November 26 from 6.26 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

Mortgage interest rates worldwide varied greatly in June 2025, from less than ******percent in many European countries to as high as ***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 increases 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 2024, 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.

View weekly updates and historical trends for 15 Year Mortgage Rate. from United States. Source: Freddie Mac. Track economic data with YCharts analytics.

Key statistics for refinance mortgages in 2024, including average loan size, interest rate, and fees.

Fixed 30-year mortgage rates in the United States averaged 6.40 percent in the week ending November 21 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.

Mortgage rates were expected to stay the same, according to ** percent of Americans who participated in a nationally representative survey conducted in August 2025. Meanwhile, ** percent believed rates would decrease over the next 12 months, while ** percent expected them to rise.

Year Originations Loan Size CLTV Interest Rate Monthly Payment (HMDA) Totals 184,161 $290,792 68.01% 8.47% $2,234 2024 85,683 $296,855 68.65% 8.391% $2,260 2023 79,271 $283,495 67.29% 8.531% $2,193 2022 19,207 $293,856 68.13% 8.572% $2,285

Graph and download economic data for 30-Year Fixed Rate Veterans Affairs Mortgage Index (OBMMIVA30YF) from 2017-01-03 to 2025-12-01 about veterans, 30-year, mortgage, fixed, rate, indexes, and USA.

Lender Type Loan Size CLTV Interest Rate Total Loan Costs BPS Monthly Payment (HMDA) Totals $315,000 69.40% 6.863% 158 $2,081 MBS of state member bank $305,000 69.80% 6.99% 197 $1,989 Bank $255,000 63.30% 6.875% 140 $1,697 Affiliate of a depository $210,000 63.00% 6.875% 165 $1,353 Independent $345,000 70.70% 6.75% 165 $2,266 Credit Union $265,000 62.10% 6.75% 132 $1,711 MBS of bank holding company $315,000 69.55% 6.688% 141 $2,045 Filters : Year: 2024 / Action Type: Originations / Open-End LOC: Closed / Business or Commercial Purpose: Not for Business Purpose / Loan Term: 360 / Interest Rate: 9280 of 16711 / ARM/FRM: FRM / Loan Purpose: Refi / Occupancy Type: Primary Residence / Lien Status: First Lien / Purchaser Type: Fannie Mae, Freddie Mac / Construction Method: Site-built

The benchmark interest rate in Armenia was last recorded at 6.75 percent. This dataset provides - Armenia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Russia was last recorded at 16.50 percent. This dataset provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for 30-Year Fixed Rate FHA Mortgage Index (OBMMIFHA30YF) from 2017-01-03 to 2025-12-01 about FHA, 30-year, mortgage, fixed, rate, indexes, and USA.

Annual market share comparison between purchase and refinance mortgages from 2018-2024.