MBA Forecast: 2020 Best Year For Industry Since 2003; 2021 Purchase Originations to Increase to Record $1.54 Trillion
In its latest forecast, the Mortgage Bankers Association said purchase originations are expected to grow by 8.5% to a record $1.54 trillion in 2021. And after a substantial 70.9% jump in activity in 2020, MBA anticipates refinance originations to slow next year, decreasing by 46.3% to $946 billion.
MBA Chief Operating Officer Marcia Davies recognized early on that one of the most powerful elements of mPower events was social. Nine months into the coronavirus pandemic, she knows the mPower community is more important than ever.
Andrew Young has served and shaped our country for more than 50 years. And he sees a lot of parallels between the 1960s and today.