Chart showing refinances are slowing

The Mortgage Bankers Association's latest forecast shows the slide in originations continues to be milder than expected, but the trend is clearly downward into 2022.

MBA's Aug. 18 forecast revised total originations for the third quarter upward by 4.5% to $862 billion. But the revised amount is still down 20% from a year earlier and down 18% from the second quarter.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jim DuPlessis

A journalist for decades.