Home purchase lending declines sharply in early 2026, reaching a 12-year low as higher mortgage rates reduce affordability, according to ATTOM’s Q1 2026 US Residential Property Mortgage Origination Report. From January through March 2026, about 581,261 home purchase loans are originated, down 19% from the previous quarter. The report also finds that overall residential mortgage originations fall more broadly: total residential mortgage originations decrease 13% quarter-over-quarter to about 1.57 million loans. Both home purchase volume and the overall mortgage market cooling suggest that rate levels are weighing on buyer demand. The figures cover U.S. lending activity during the first quarter of 2026 and reflect quarter-over-quarter changes, rather than year-over-year comparisons, as presented in the sources. The New York Post and PR Newswire both attribute the declines to high mortgage rates and summarize the ATTOM report’s key figures.
Home purchase mortgage loans hit 12-year low as rates curb affordability
Home purchase lending declines sharply in early 2026, reaching a 12-year low as higher mortgage rates reduce affordability, according to ATTOM’s Q1 2026 US Residential Property Mortgage Origination Re...
- About 581,261 home purchase mortgage loans are originated in Q1 2026 (Jan–Mar 2026).
- Home purchase loans fall 19% quarter-over-quarter, described as a 12-year low.
- Total residential mortgage originations decline 13% quarter-over-quarter to about 1.57 million.
- The figures are from ATTOM’s Q1 2026 US Residential Property Mortgage Origination Report.
- The declines are attributed to higher mortgage rates reducing affordability.
Roughly 581,000 home purchase loans were originated from January through March 2026, down 19% from the previous quarter, according to the Q1 2026 US Residential Property Mortgage Origination Report from real estate data firm ATTOM.
2 months agoHome purchase lending falls 19 percent quarter-over-quarter to 581,261 loans; Total residential mortgage originations decline 13 percent to 1.57 million IRVINE, Calif., May 28, 2026 /PRNewswire/ -- ATTOM, the leading provider of property data, AI-powered intelligence, and real estate...
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