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Mortgage Applications Increase in MBA Weekly Survey
Mortgage applications rose slightly from one week earlier even as key interest rates reached a three-month high, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 25.
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MBA 2020 Forecast: Purchase Originations to Increase 1.6 Percent to $1.29 Trillion; Refinance Activity Expected to Slow after Strong 2019
AUSTIN, TEXAS--The Mortgage Bankers Association expects purchase originations to increase by 1.6 percent to $1.29 trillion in 2020.
MBA Letter Urges House Committee Markup of TRIA Extension
Ahead of a markup vote scheduled this week in the House Financial Services Committee, the Mortgage Bankers Association sent an Oct. 29 letter to Committee members urging approval of a bill that would extend the Terrorism Risk Insurance Act for seven years.