How big is the mortgage industry?

I'm doing a report and need to know, in dollars, how big is the mortgage industry?How big is the mortgage industry?
The expected mortgage loan volume for 2008 is approximately $1.94 Trillion (yes, with a ';T';). Half of that production is expected to be Refinances.





The best source for every aspect of the Mortgage Banking Industry is the Mortgage Bankers Association of America (MBA) or (MBAA). They have all kinds of statistics and economic analyses on their website: www.mbaa.org.





Good luck!How big is the mortgage industry?
Billions.
Its not very big, I'm afraid. Its something that the media has lied about and blown completely out of proportion.
Go to a financial site and look at the numbers of the big guys like B of A, Wells and Countrywide. They are huge.