Mortgage lending nosedives, dropping 55% since last year

Interesting slide shows about the world Slideshow World by [ArcaMax](?ezine=782&lctg=D0FtUlX0YdOUrV9rVUEubuoU613BSpv3i_Gtw9CQCJY&r=wZhRdjSEUJ973u2IJKjpuCi10SlJFPWMx3vAIhPE2sFDOjMyNzAwODM2NDpKOjIxODk1MDE6TDo3ODI6Ujo5MTIxNzY6VjoxMzA) [Mortgage lending nosedives, dropping 55% since last year]( Elena Cox [ Mortgage lending nosedives, dropping 55% since last year ]( [See full slideshow »]( After a wild couple of years in the housing market, things may finally be starting to cool. Fewer people took out mortgages at the end of last year, as sky-high home prices, costly mortgage rates, and consumer inflation limited buying power and caused uncertainty in the market. Lenders originated 1.52 million mortgages in the fourth quarter of 2022, down 55% from a year ago to the lowest level since the first quarter of 2014. Stacker cited data fromATTOM, a property data provider, to show how mortgage lending slumped in the fourth quarter of 2022 and which metropolitan areas were the most affected. This data considers all types of residential mortgages, including purchase loans, refinances, and home-equity lending. It includes mortgages for single-family homes, condos, town homes, and multifamily properties with four or fewer units. Overall lending activity decreased from the year before in all but one of the 191 metropolitan areas with a population of 200,000 or more and at least 1,000 total residential mortgages issued in Q4 2022. Visit thestacker.com for similar lists and stories. [Tweet It]( - [Facebook It]( Sponsor Your Favorite Comic Strips Enjoy free comic newsletters by subscribing below or check them out at [arcamax.com/comics.]( [*The Argyle Sweater]( [*Crabgrass]( [*Fowl Language]( [*Between Friends]( [*Caption It!]( [*Rose is Rose]( [*Daddy Daze]( [*Cathy]( [*Family Circus]( [*Wizard of Id]( [*Pickles]( [*Mother Goose And Grimm]( [*Baby Blues]( [*Hagar the Horrible]( [*Speed Bump]( [*Pearls Before Swine]( [*Zits]( [*Peanuts]( [*Diamond Lil]( [*Luann]( [*Garfield]( [*Bizarro]( [*Rubes]( [*Rhymes With Orange]( [*Long Story Short]( [*Carpe Diem]( [*For Better or For Worse (classic strips)]( [*Red And Rover]( - From the ArcaMax editors More Slideshow World from ArcaMax.com - [With all eyes on the Big Dance, Wall Street trades slow during March Madness]( - [9 techniques employers use to retain top talent]( - [The US surpasses 100 mass shootings in 2023--here's every event mapped]( [Click To Unsubscribe]( | [Customer Service]( | [Privacy Policy]( | [California / Nevada Privacy Info]( 1706 Todds Lane, Box 311, Hampton, VA 23666 Copyright © 2023 ArcaMax Publishing [Facebook]( [Twitter](/ArcaMax)