Mortgage Lending Will Surge to a 14-Year High, MBA Says

HousingWire, June 22, 2020–Kathleen Howley
Combined lending for home purchases and mortgage refinancings probably will total $2.65 trillion this year, the most since the $2.74 trillion seen 14 years ago, as low rates spur demand, according to Michael Fratantoni, chief economist of the Mortgage Bankers Association.