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.
Tag: Joel Kan
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.
Rates Tick Up, Applications Tick Down in MBA Weekly Survey
A slight uptick in the 30-year fixed rate kept purchase applications on the sidelines last week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 16.
Rates Tick Up, Applications Tick Down in MBA Weekly Survey
A slight uptick in the 30-year fixed rate kept purchase applications on the sidelines last week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 16.
MBA: September New Home Purchase Mortgage Applications Down 5% from August; Up 38.2 Percent from Year Ago
The Mortgage Bankers Association’s Builder Applications Survey data for September shows mortgage applications for new home purchases increased by 38.2 percent from a year ago, unadjusted, but fell by 5 percent from August.
MBA: September New Home Purchase Mortgage Applications Down 5% from August; Up 38.2 Percent from Year Ago
The Mortgage Bankers Association’s Builder Applications Survey data for September shows mortgage applications for new home purchases increased by 38.2 percent from a year ago, unadjusted, but fell by 5 percent from August.
Despite Record-Low Rates, Mortgage Applications Dip in MBA Weekly Survey
Despite the lowest 30-year fixed rates in the history of the Mortgage Bankers Association’s Weekly Applications Survey, mortgage applicants appeared to step back for the week ending Oct. 9.
Despite Record-Low Rates, Mortgage Applications Dip in MBA Weekly Survey
Despite the lowest 30-year fixed rates in the history of the Mortgage Bankers Association’s Weekly Applications Survey, mortgage applicants appeared to step back for the week ending Oct. 9.
MBA Chart of the Week: Home Purchase Activity by Loan Size
This week’s MBA Chart of the Week highlights the year-over-year growth in purchase applications broken down by loan size tiers from 2018 to 2020.
MBA Chart of the Week: Home Purchase Activity by Loan Size
This week’s MBA Chart of the Week highlights the year-over-year growth in purchase applications broken down by loan size tiers from 2018 to 2020.