Mortgage Originations Are on Pace for Best Year Ever
Mortgage Originations Are on Pace for Best Year Ever Record-low interest rates and strong demand for homes boost lenders during Covid-19 pandemic The boom in mortgages for homes including this Jacksonville, Fla., development has extended into the final quarter of 2020. Photo: Charlotte Kesl for The Wall Street Journal By Dec. 10, 2020 5:30 am ET Americans are poised to take more mortgages this year than they did even during the run-up to the 2008-09 financial crisis. In the first nine months of the year, lenders extended $2.8 trillion of mortgages, ...