New Mortgages Predicted to Break All-Time Record in 2021

Orange County Register, Oct. 29, 2020–Jeff Lazerson
Hold onto your hats, because if mortgage bankers are correct, home sales are going to crush it next year with mortgage originations predicted to hit a new record of $1.54 trillion. The forecast, presented at a virtual Mortgage Bankers Association convention, would represent an 8.5% increase compared with 2020, eclipsing the previous record of $1.51 trillion set in 2005.