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.
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