Wednesday, November 27, 2013

Decline in mortgage numbers in historical context

We've noticed that the number of mortgages being recorded has declined substantially this fall as the refinancing market has slowed.  So far this month we have recorded 682 mortgages for the entire registry of deeds district.  To put that in historical context, I quickly calculated the number of mortgages recorded during the period November 1st through November 27th for each year since 2000.  Here is what I found:

2000 - 1028
2001 - 2014
2002 - 3243
2003 - 2038
2004 - 1943
2005 - 1573
2006 - 1298
2007 -  845
2008 -  554
2009 - 1002
2010 - 1344
2011 - 1151
2012 - 1245
2013 -  682

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