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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. But training and trainers must have content.

Mortgage 383
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Appraising Solar Panels

Appraisal Today

If you want to continue AMC/lender appraising and need more education and training, get it now while you’re not very busy. Mortgage lending is very cyclical and dependent on mortgage rates. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.55