Banks made more mortgages last year than in any year since the housing downturn struck in 2007, buoyed by interest rates that reached their lowest levels on record, according to federal lending data released Wednesday. The data were collected from 7,400 financial institutions under the Home Mortgage Disclosure Act. Researchers at the Federal Reserve who analyzed the data also published a paper full of noteworthy observations. Here are eight takeaways:
via Eight Takeaways on Mortgages After the Housing Bust – Developments – WSJ.
