Table Data - Large Bank Consumer Mortgage Originations: Originations by Purpose Type: Refinance: Rate / Term and Other Refinance

Title Large Bank Consumer Mortgage Originations: Originations by Purpose Type: Refinance: Rate / Term and Other Refinance
Series ID RCMFLOORIGPURPREFITERM
Source Federal Reserve Bank of Philadelphia
Release FR Y-14M Large Bank Credit Card and Mortgage Data
Seasonal Adjustment Not Seasonally Adjusted
Frequency Quarterly, End of Quarter
Units Billions of U.S. Dollars
Date Range 2013-07-01 to 2025-10-01
Last Updated 2026-04-08 8:33 AM CDT
Notes The total balances of new first-lien loans originated as a rate, term, or other refinance. Quarterly first-lien originations represent the sum of origination balances in the given quarter.

For more detail see the methodology.
DATE VALUE
2013-07-01 68.15
2013-10-01 34.17
2014-01-01 25.76
2014-04-01 22.13
2014-07-01 24.85
2014-10-01 32.47
2015-01-01 48.57
2015-04-01 49.79
2015-07-01 30.71
2015-10-01 33.60
2016-01-01 33.74
2016-04-01 44.55
2016-07-01 46.63
2016-10-01 57.03
2017-01-01 28.63
2017-04-01 19.56
2017-07-01 23.47
2017-10-01 26.68
2018-01-01 18.55
2018-04-01 13.74
2018-07-01 11.93
2018-10-01 11.02
2019-01-01 16.87
2019-04-01 31.12
2019-07-01 44.12
2019-10-01 64.04
2020-01-01 51.75
2020-04-01 80.82
2020-07-01 82.51
2020-10-01 81.61
2021-01-01 107.86
2021-04-01 86.89
2021-07-01 75.02
2021-10-01 74.53
2022-01-01 41.63
2022-04-01 16.97
2022-07-01 6.67
2022-10-01 5.21
2023-01-01 3.18
2023-04-01 3.16
2023-07-01 2.83
2023-10-01 2.85
2024-01-01 3.57
2024-04-01 2.91
2024-07-01 5.79
2024-10-01 12.82
2025-01-01 5.93
2025-04-01 11.44
2025-07-01 9.40
2025-10-01 25.82

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