• 2021 Originations to Exceed 2020's Record Level, but a Sharp Decline Looms

    Posted By Mark Watson on Nov 19, 2021
    In 2020, the COVID-19 pandemic led to extraordinary economic shifts including interest rate declines that turbocharged the refinance market. In addition, the purchase market surged to its own record high, stimulated by a demand shift that brought many new homebuyers into the market seeking safe havens from which to work from home. It is now clear – and astounding – that the 2021 mortgage origination market will be even larger than last year’s record-setting, pandemic-fueled $4 trillion market.
    Read More
  • Revisiting the Purchase Mortgage Generation Rate

    Posted By Mark Watson on Jun 18, 2021
    Chief of Forecasting Mark Watson discusses how the national Purchase Mortgage Generation Rate - or PMGR - continues to march toward a historically sustainable rate of 4 percent. Read more about the PMGR over time, how it has changed in recent years, and - most importantly - how the PMGR in each market follows an unique path over decades.
    Read More
  • iEmergent Forecast Update: Coronavirus Leads to Mortgage Originations Record

    Posted By Mark Watson on Dec 04, 2020
    iEmergent projects total mortgage originations to top $4.1 trillion in 2020, which will be the biggest year of mortgage originations in U.S. history. Read more about the impact of the coronavirus on the housing market, and how it contributed to this record year.
    Read More
  • Commentary: 2020-2021 Mortgage Origination Forecast Update

    Posted By Mark Watson on Aug 13, 2020
    Despite health, social, political and economic disruption unlike any seen in the past century, mortgage originations soared in 2020 - due to a refinance boom driven by historically-low rates. Purchase mortgage activity may see a drop of as much as 20% as a result of widespread unemployment and economic uncertainty resulting from the COVID-19 pandemic.
    Read More
  • Update: Housing and Mortgage Markets Amidst the Pandemic

    Posted By Mark Watson on Jul 09, 2020
    As the COVID-19 pandemic continues, its impact on the housing and mortgage industry is constantly changing - especially in how it effects the size and composition of the homebuyer pool. What does this mean for the 2020 purchase mortgage lending?
    Read More

Subscribe to Our Blog


Fill out my online form.

Use our insight to your advantage:

  • Actionable mortgage market intelligence
  • Straightforward industry analysis
  • Expert insight from iEmergent’s leadership

Other Insights