The data displays mortgage originations on one-to-four family properties in the U.S. from the first quarter of 2012 to the fourth quarter of 2017. Purchase loan mortgage originations in the fourth quarter of 2017 amounted to 262 billion USD.
The average sales price of new homes sold in the United States amounted to 372.5 thousand USD in 2016. The rates on 15-year fixed rate mortgage in the United States have become more accessible in the last years as they decreased from 6.79% in 2000 to 3.44% in 2017. The most reliable sources for mortgage loan referral among Americans were existing bank relationships and friends and family.
