Activity in the refinance sector lead to a slight push in originations for home loans with primary MI.

Originations of non-agency jumbo mortgages increased by 35% from the first to the second quarter. JPMorgan Chase’s acquisition of First Republic Bank bolstered Chase’s jumbo lending efforts. (Includes data chart.)

Struggling alongside a slow purchase market, originations of adjustable-rate mortgages fell in the first quarter of the year. (Includes data chart.)

As jumbo originations stagnated in 2022, jumbo loan application denial rates didn’t change very much. (Includes data chart.)