MBA’s January 2024 forecast calls for mortgage origination dollar volume to increase 23% in 2024 to $2 trillion, with a 16% increase in purchase and a 50% increase in refinance volume (off an extremely low base in 2023). For mortgage lenders of all types and sizes, as well as other industry players, it is also important to have an estimate of how many origination units are expected.
Tag: Origination Volumes
MBA Chart of the Week Oct. 28 2022: Year-Over-Year Changes in Origination Volume
This week’s MBA Chart of the Week examines year-over-year changes in origination volume ($ and units) dating back to 2016, and the forecasted volume from 2022 to 2025. In 2022, we expect a 15% decline in purchase origination dollars from 2021 but a steeper 27% decrease in the number of loans.
MBA Chart of the Week Oct. 28 2022: Year-Over-Year Changes in Origination Volume
This week’s MBA Chart of the Week examines year-over-year changes in origination volume ($ and units) dating back to 2016, and the forecasted volume from 2022 to 2025. In 2022, we expect a 15% decline in purchase origination dollars from 2021 but a steeper 27% decrease in the number of loans.