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Home » Jumbo Purchase Mortgages Topped Refis In 2014; Jumbo Mother Lode in California
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Jumbo Purchase Mortgages Topped Refis In 2014; Jumbo Mother Lode in California

October 16, 2015
Originations of purchase mortgages outpaced refinances in the jumbo market in 2014, according to a new ranking and analysis by Inside Nonconforming Markets of Home Mortgage Disclosure Act data. Some $135.88 billion in jumbo purchase mortgages was reported under HMDA in 2014, accounting for 60.6 percent of loans that exceeded agency conforming loan limits, including those in high-cost markets. In 2013, purchase mortgages accounted ... [Includes two data charts]
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