from Source of Title newsletter this morning...
MBA Forecast: Purchase Originations to Increase to $1.2 Trillion in 2019 The Mortgage Bankers Association announced today at its 2018 Annual Convention and Expo in Washington, D.C., that it expects to see $1.24 trillion in purchase mortgage originations in 2019 - a 4.2 percent increase from 2018. MBA anticipates refinance originations will continue to trend lower next year, decreasing by 12.4 percent to $395 billion. |