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MBA Forecasts Purchase Originations Will Grow, Refis Slow in 2021

by The Commercial Record | Oct 22, 2020 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

The Mortgage Bankers Association predicts purchase mortgage originations will grow in 2021 while the meteoric increase in refinance activity will taper off.

MBA Forecasts Big Drop in Mortgage Lending After June 2020

by The Commercial Record | Oct 30, 2019 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

The Mortgage Bankers Association announced Tuesday that it expects purchase originations to increase 1.6 percent to $1.29 trillion in 2020. After a surge in activity in 2019, MBA anticipates refinance originations will slow next year, decreasing by 24.5 percent to $599 billion.

MBA Forecasts Purchase Originations Will Grow, Refis Slow in 2021

MBA Forecasts Big Drop in Mortgage Lending After June 2020

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