Mortgage applications decreased slightly from one week earlier as key interest rates fell back below 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 1.
Tag: Purchase Originations
MBA 2020 Forecast: Purchase Originations to Increase 1.6 Percent to $1.29 Trillion; Refinance Activity Expected to Slow after Strong 2019
AUSTIN, TEXAS–The Mortgage Bankers Association expects purchase originations to increase by 1.6 percent to $1.29 trillion in 2020.