Reported about 1 month ago
The Mortgage Bankers Association (MBA) forecasts significant recovery in the mortgage market, projecting an origination volume of $2.3 trillion for 2025—an increase of 28.5% from 2024. This optimistic outlook stems from anticipated improvements in purchase originations and a gradual decline in mortgage rates. However, challenges remain, including potential impacts from budget deficits and global economic growth, which could influence interest rates and employment rates moving forward.
Source: YAHOO