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2016 HMDA Data Reveals Overall Product Trends

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Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Contact Us

Richey May Headquarters

9780 S Meridian Blvd., Suite 500
Englewood, CO 80112

Directions

303-721-6131

info@richeymay.com

303-721-6232

Question or comments? Click here to fill out our inquiry form.

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Richey May Headquarters

9780 S Meridian Blvd., Suite 500
Englewood, CO 80112

Directions

303-721-6131

info@richeymay.com

303-721-6232

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2016 HMDA Data Reveals Overall Product Trends

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2016 HMDA Data Reveals Overall Product Trends

Articles by: Richey May, Oct 17, 2017

October 2017

The release of the 2016 HMDA data revealed overall product trends in the market, according to our free HMDA Market Share Dashboard. Conventional loan volume increased 20%, in line with the overall increase of 19%, while FHA volume lagged with a 9% increase, and VA volume reflected a robust 38% increase. Overall purchases represented 49% of the market, with strong purchase markets in Texas (63%), Florida (63%) and New York (64%), while refis, representing 47% of the market, were strongest in California (61%). Overall production volume increases were strongest in the western United States, with Washington (29%) leading the nation.

For even more data points relevant to your business, check out our dynamic HMDA Market Share Dashboard.

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