---
title: "Mortgage Origination Volume"
slug: mortgage-origination-volume
summary: "Mortgage originations at $504.6 billion in Q2 2026, up from $458.3 billion a year earlier"
category: "Housing"
unit: billions_usd
frequency: quarterly
direction: bidirectional
latest_value: 504.64
latest_period: "2026-Q2"
trend: rising
last_updated: "2026-08-11T00:00:00Z"
source: "New York Fed Consumer Credit Panel / Equifax"
source_url: https://www.newyorkfed.org/microeconomics/hhdc
canonical_html: https://americandefault.org/indicators/mortgage-origination-volume/
citation_apa: "Kilburn, R. (2026). Mortgage Origination Volume [Data set]. American Default Research. https://americandefault.org/indicators/mortgage-origination-volume/"
citation_chicago: "Kilburn, Ross. 2026. \"Mortgage Origination Volume.\" American Default Research. https://americandefault.org/indicators/mortgage-origination-volume/."
citation_mla: "Kilburn, Ross. \"Mortgage Origination Volume.\" American Default Research, 2026, americandefault.org/indicators/mortgage-origination-volume/."
---

# Mortgage Origination Volume

> Mortgage originations at $504.6 billion in Q2 2026, up from $458.3 billion a year earlier

## Current Reading

As of 2026-Q2, Mortgage Origination Volume is **$504.64 billion** (rising).

in new mortgage lending during the latest quarter

## What Changed

- $504.6 billion in new mortgages first appeared on credit reports in Q2 2026, up from $458.3 billion a year earlier.
- That is the smallest quarterly total since Q2 2025, when it was $458.3 billion.
- New lending has been larger than a year earlier for eight quarters in a row.

## Recent Values

| Period | Value |
|--------|-------|
| 2026-Q2 | $504.64B |
| 2026-Q1 | $529.8B |
| 2025-Q4 | $524.42B |
| 2025-Q3 | $512.15B |
| 2025-Q2 | $458.28B |
| 2025-Q1 | $425.63B |
| 2024-Q4 | $465.35B |
| 2024-Q3 | $448.31B |
| 2024-Q2 | $374.11B |
| 2024-Q1 | $402.65B |
| 2023-Q4 | $393.77B |
| 2023-Q3 | $386.37B |

## Historical Context

- Peak since 2003: **$1.22 trillion** in Q2 2021
- Low since 2003: **$285.72 billion** in Q2 2014
- Pre-pandemic average (2015-01 – 2019-12): **$466.16 billion**
- Post-pandemic average (2020-01 – 2024-12): **$708.62 billion**

## Methodology

This indicator carries quarterly observations and is interpreted as moving in both directions against household distress, with no single end of the range reading as the distressed one. Source: New York Fed Consumer Credit Panel / Equifax.
Automation: collected automatically on the daily refresh pipeline, with no hand entry.

## Source

New York Fed Consumer Credit Panel / Equifax — [https://www.newyorkfed.org/microeconomics/hhdc](https://www.newyorkfed.org/microeconomics/hhdc)

Data retrieved: 2026-08-11T00:00:00Z

## Related Indicators

- [first-missed](https://americandefault.org/indicators/first-missed/)
- [mortgage-delinquency-rate](https://americandefault.org/indicators/mortgage-delinquency-rate/)
- [total-household-debt](https://americandefault.org/indicators/total-household-debt/)

## Machine-Readable Endpoints

- HTML page: https://americandefault.org/indicators/mortgage-origination-volume/
- JSON: https://americandefault.org/api/indicators/mortgage-origination-volume.json
- CSV: https://americandefault.org/api/downloads/mortgage-origination-volume.csv
- BibTeX: https://americandefault.org/citations/mortgage-origination-volume.bib
- RIS: https://americandefault.org/citations/mortgage-origination-volume.ris

## Citation

**APA 7th**

    Kilburn, R. (2026). Mortgage Origination Volume [Data set]. American Default Research. https://americandefault.org/indicators/mortgage-origination-volume/

**Chicago (author-date)**

    Kilburn, Ross. 2026. "Mortgage Origination Volume." American Default Research. https://americandefault.org/indicators/mortgage-origination-volume/.

**MLA 9th**

    Kilburn, Ross. "Mortgage Origination Volume." American Default Research, 2026, americandefault.org/indicators/mortgage-origination-volume/.

Use **American Default Research** as the institutional name in source lists, bibliographies, and press citations. **American Default** is the brand and URL form. **American Distress Index (ADI)** is the product name for the national composite score.