Someone jokingly asked me if I already got vaccinated because I am in an “essential” industry. We all had a good laugh, but from a financial perspective, one would be hardpressed not to recognize that the mortgage industry was, in fact, a crucial part of economic stability and support for most of 2020. With over $4 trillion in estimated mortgage volume produced last year, both refinance and purchase lending exceeded previous records and truly aided with real estate market stability. Historically low rates helped homeowners save approximately $300 a month compared to last year’s figures. These record numbers occurred despite increased volatility in the financial markets and challenges on the ground with access to homes.