2016 Mortgage Lending Trends in New England
The housing and home mortgage markets have major impacts on the health of both the U.S. economy and household consumer finances. To understand these impacts within our region, we analyze annual mortgage data on borrowing requests and lending trends. We examine the 2016 Home Mortgage Disclosure Act (HMDA) data overall, as well as by income, race/ethnicity, and loan type as this may provide insight into regional impacts and how they vary. This issue brief provides a descriptive analysis of general mortgage market dynamics within New England.