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The Wall Street Publication > Blog > Markets > Red-Hot Housing Market Fuels Mortgage Borrowing Record
Markets

Red-Hot Housing Market Fuels Mortgage Borrowing Record

Editorial Board Published January 1, 2022
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Red-Hot Housing Market Fuels Mortgage Borrowing Record
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Americans borrowed more than ever to buy homes in 2021.

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.

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