Industry NewsMortgage

Real estate to stay rosy

Economists see decade of good times ahead
Published on May 26, 2004

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by CareyBot

Mortgage originations will average nearly $3 trillion per year over the next decade and residential mortgage debt will grow at close to an 8.25 percent annualized rate.

Those were two of the projections presented today in a 10-year forecast from the National Association of Realtors, Independent Community Bankers of America, National Association of Home Builders, Fannie Mae and Freddie Mac ...

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