Mortgage Origination Volumes Best Since 2007
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MBA: Mortgage Origination Volume in 2019 ‘Best Since 2007’
MBA: Mortgage Origination Volume in 2019 ‘Best Since 2007’
The Mortgage Bankers Association (MBA) has reported that due to lower mortgage rates and the resulting surge in refinances, mortgage origination volume is expected to reach $2.06 trillion this year. The best level since 2007. However, looking into the future the MBA is forecasting a slowdown, starting as early as next year.
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