The most significant quarterly decreases had been into the Ann Arbor, MI (re-finance funds down forty-five
A total of $387.8 mil was lent in the 1st quarter, which was off 19.8 per cent away from $483.seven mil throughout the early in the day one-fourth and you will 58 percent lower than $923.8 mil in the first one-fourth away from 2022.
Overall credit activity on earliest quarter away from 2023 within the 167, otherwise 97 per cent, of one’s 173 urban analytical parts in the U.S. having a society regarding 200,000 or more and at least step 1,000 total residential mortgage loans provided in the first one-fourth. Read more “The most significant quarterly decreases had been into the Ann Arbor, MI (re-finance funds down forty-five”