$1.24 Trillion of Purchase Mortgage Originations Projected in U.S. in 2019

World Property Journal, Oct. 17, 2018–Michael Gerrity
The Mortgage Bankers Association expects to see $1.24 trillion in purchase mortgage originations in the U.S. during 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.