ATTOM’s Q3 2024 U.S. Residential Property Mortgage Origination Report shows that during the third quarter, 1.67 million mortgages secured by residential properties (1 to 4 units) were issued in the United States, marking a modest increase of 1.9% both quarterly and annually.According to the report, this growth represented the second consecutive quarterly increase, a trend not seen in over three years. However, despite 30-year fixed mortgage rates dropping to nearly 6% by the end of Q3 2024, the boost in lending activity fell well short of the surge experienced in spring 2024. Total mortgage activity remained nearly two-thirds below the peak reached in 2021.

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ATTOM Q3 2024 U.S. Residential Loan Origination Report Top Ten