Loan originations fall to 732,615 in Q4 2025

10 articles · Updated · Scotsman Guide News · Apr 27

Attom data showed quarterly originations down from nearly 4.2 million at the 2021 peak, while home purchases fell 14% from the previous quarter.
The figures point to one of the slowest mortgage market cycles in more than a decade, leaving loan officers facing uncertainty and pressure.
Refinance applications have risen, suggesting some underlying momentum may be forming even as the market remains weak for new homebuyers.

As refinance and purchase applications rise, could a sudden shift in rates or policy trigger unexpected volatility in the housing market this year?

With home prices at record highs and rates easing, is now truly a buyer’s market—or will affordability remain out of reach in 2026?

How might new government programs and tighter lending standards reshape who gets to buy a home—and who gets left behind—in today’s evolving market?