2022 Mortgage Market and Opportunities in The Lending Industry

  1. Mortgage rates (on 30-year fixed products) experienced a surge from 2.67% in January 2021 to 3.12% by December 2021. They are hovering around 4.6% today.
  2. 2021 Mortgage rates remained low, staying at or below 3% throughout the year.
  1. Over the past few years, home buyers are beginning to have a one-stop-shop for home search, warranty, inspection and mortgage.
  2. Many lenders and real estate brokerages have started evaluating the home-ecosystem business model.
  1. Capturing millennial borrowers is vital. A vast number of millennials purchased their first homes during the pandemic and many others are considering making the same decision. This trend continues to be a significant opportunity for lenders across the country. Therefore, the lenders should look to continue leveraging this opportunity.
  2. Valuing a sizable percentage of borrowers who can still benefit from refinancing. While many borrowers have already benefited from refinancing to lower mortgage rates, local lenders can still uncover some borrowers who have note made the leap.



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Emergent provides mortgage market intelligence built from the census tract level up. Forecasts include loan dollars, loan number, speed of growth, and much more