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What MBA’s forecast means for mortgage originators

Housing Wire

history next to 2003. If rates rise modestly, as MBA suggests, we will be left with rates still near historic lows, a boon for homebuyers but still a contraction in refinances. Despite this contraction, 2021 is forecasted to be a larger overall year than 2019 by approximately $195bb. Here are three key takeaways: 1.

Mortgage 370
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ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09 percent from 6.93 percent from 6.89