What MBA’s forecast means for mortgage originators
Housing Wire
OCTOBER 22, 2020
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.
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