Maxwell Q1 2023 Mortgage Lending Report
To arm lenders with data that helps overcome today’s sizable market challenges, we’re proud to unveil the Maxwell Quarterly Mortgage Lending Report. Including analytics and insights from loans transacted within the Maxwell platform, our report provides market perspective based on trends over more than $200 billion in loan volume.
While there are many sources of metrics within the mortgage industry, our exclusive data serves a few unique, specific purposes. First, Maxwell data is some of the most up-to-date in the market, giving insight into what’s happening now, rather than a retrospective on the previous quarter’s performance. Second, our report gives a unique perspective on America’s local lenders—the credit unions, community banks, and independent mortgage banks serving communities across the country. And third, we include analysis from our team of experts with decades of market experience, versed across various economic cycles and environments.
In this report, you’ll get unique insight into:
- Loan activity, including volume changes, interest rate trends, and loan amount averages
- Borrower insight, including credit score trends, DTI averages, and more
- Takeaways and forecasts from our team of tenured mortgage experts
- Exclusive graphs and charts showing 2023’s market trends
“It’s still early in 2023 to make predictions about this year’s market, but early signs point towards stabilization, with 2024 seeing recovery and growth.”