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MBA Forecasts Big Drop in Mortgage Lending After June 2020

by Banker & Tradesman | Oct 30, 2019

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 Big Drop in Mortgage Lending After June 2020

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