Federal Reserve Bulletin, Volume 93, 2007 Current Bulletin

The 2007 HMDA Data

1. Volume of home-purchase and refinance loans originated: Higher- and lower-priced loans, and such loans excluding those originated by closed lenders, by month of origination, 2006-07
Thousands of loans
Year and month Home Purchase Refinance
Higher priced Higher priced* Lower priced Lower priced* Higher priced Higher priced* Lower priced Lower priced*
2006  
January 74 63 224 211 105 91 257 244
February 82 71 235 222 103 89 273 259
March 119 102 316 300 123 105 319 301
April 99 85 291 276 105 90 275 260
May 102 87 360 343 110 93 302 284
June 104 88 398 379 105 88 286 268
July 94 81 323 307 104 88 251 235
August 107 92 349 333 125 104 278 261
September 89 76 299 284 112 94 268 252
October 86 75 282 268 124 107 317 299
November 80 69 263 250 114 98 288 271
December 79 68 259 246 118 102 319 302
2007  
January 54 194 90 291
February 48 209 78 264
March 52 272 82 305
April 44 267 76 308
May 43 310 75 309
June 45 324 67 263
July 40 296 62 235
August 40 307 55 231
September 30 219 40 189
October 33 220 47 234
November 24 205 36 216
December 24 182 35 245

Note: The data are monthly. Loans are conventional first-lien mortgages for site-built properties and exclude business loans. Closed lenders are lenders that reported data for 2006 under the Home Mortgage Disclosure Act (HMDA) but that subsequently ceased operations and did not report HMDA data for 2007. For definitions of higher- and lower-priced loans, see text note 7.

* Excludes loans originated by closed lenders. Return to text

Return to Figure