Data Facts Lending Solutions Blog

MBA Projects Record Purchase Volume, Higher Rates in 2021

Posted by Matt Holmes

Nov 19, 2020 9:40:51 AM

On Tuesday, the Mortgage Bankers Association released its estimates for the remainder of the year, as well as projections for 2021. Although the MBA expects to see a decrease in both refinances and purchases next year, there is no reason to believe the market is facing a substantial slowdown. In fact, it projected originations to come in at $2.56 trillion, which would still be the second-highest origination total in the last 15 years.

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Topics: MBA, Mortgage Lending, Mortgage Market

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