Large Bank Consumer Mortgage Originations: Originations by Purpose Typ
Other · FRED/Treasury · RCMFLOORIGPURPREFICASHOUT
What this measures. The total balances of new first-lien loans originated as a cashout refinance. Quarterly first-lien originations represent the sum of origination balances in the given quarter. For more detail see the methodology (https://sc103-philfed-prod-cm.sitecore-prod-ase4.appserviceenvironment.net/surveys-and-data/y14-methodology).
The latest reading sits at MID relative to this series' own history (46 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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