How Low Did 1Q Get? Just $290 Billion in Home Mortgages Funded

Inside Mortgage Finance, May 1, 2023–John Bancroft
Early 2023 originations were down 17.1% from the previous three-month period, hitting the lowest quarterly figure since the start of 2014. Compared to the same period a year earlier, loan production was off a blood-curdling 61.8%.
https://www.insidemortgagefinance.com/articles/227681-orgs-down-in-1q?v=preview