Industry News

From $2 trillion to $2.5 trillion

Low interest rates to add $500 billion to mortgage originations
Published on Mar 15, 2004

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by CareyBot

The Mortgage Bankers Association today increased its forecast for this year’s total mortgage originations by a whopping $500 billion, and the group’s economists now believe 2004 will post yet another record in home purchase originations. MBA Chief Economist Doug Duncan ...