Shift to purchases: Higher rates squeeze 2026 refi volume
The leading mortgage trade group is downgrading its origination forecasts as rates are cutting into anticipated refinance volume. Processing Content The Mortgage Bankers Association is projecting $2.147 trillion in total originations for 1- to 4-family unit properties this year, it said Friday. That’s a slight decline from the $2.163 trillion projection in July, and on […]
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