Red-Hot Housing Market Fuels Mortgage Borrowing Record
Wall Street Journal, Jan. 1, 2022–Orla McCaffrey (subscription)
Mortgage lenders issued $1.61 trillion in purchase loans in 2021, according to estimates by the Mortgage Bankers Association. That is up slightly from $1.48 trillion in 2020 and above the previous record of $1.51 trillion in 2005.
https://www.wsj.com/articles/red-hot-housing-market-fuels-mortgage-borrowing-record-11641033003?mod=hp_lista_pos3