Online Mortgages on the Rise

Share this article:
Research firm TowerGroup predicted Monday that mortgages originating in the United States via the Internet will account for more than 12 percent of all mortgages in 2005, compared with an anticipated 3 percent share this year.


TowerGroup also forecast that online mortgages will amount to $180 billion in 2005, up from $45 billion this year.


The Mortgage Bankers Association of America predicts that total mortgage lending this year will reach $1.538 trillion.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

Stirista

Stirista

Founded in September 2009, Stirista is an integrated marketing agency that specializes in ...