Industry News

Interest rates to cut into real estate refis

Trade group predicts $2.4 trillion in mortgages this year
Published on May 20, 2004

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by CareyBot

The Mortgage Bankers Association is predicting $2.4 trillion in mortgage originations in 2004, according to its monthly update of the Mortgage Finance Forecast. Last month, MBA had estimated $2.6 trillion in originations, but now predicts a rising interest rate environment ...