LO Jobs; Digital, QC Products; Lender M&A; Fast Approaching Training and Events

Home / Blog / LO Jobs; Digital, QC Products; Lender M&A; Fast Approaching Training and Events

Posted To: Pipeline Press

The U.S. economy and job market are firing on nearly all cylinders (hence higher rates) but the housing market has essentially stalled. Here’s a stat that most real estate agents and lenders will agree with: Home purchases by international buyers are down 21% in a year . The MBA (Mortgage Bankers Association, not to be confused with an advanced business degree) echoes this in its latest forecast. Its economics team believes refi declines will wipe out purchase gains , and that overall mortgage originations are expected to decline between 2018 and 2019. Purchase volume is expected to fall from $332 billion in the third quarter to $270 billion three months later, and refi production is projected to fall from $111 billion to $100 billion in the fourth quarter. During all 12 months of this...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

32cedd1b ad6f 451d 9a44 8fd51e99c409 65620c57 1357 473c b153 879999736871 54300928 3fe6 407a bbc4 f5af8504760f 12cb3658 7094 4c0c a3ab a7947d659e06 3cc37cfe b2a7 414a 8ce8 be65d5b4d204 2b54d21a 57f5 4b93 ac70 ef6f61d9709f b44cc555 35b5 45ff 92c5 31dbe26ec7c3 030009e5 54a6 4637 a73b e8b6eec5057b 7c942214 07c9 482f 9670 138dede1a3ef aab90d3f a7d7 4c0d b7a1 378d01b26a1b 273a2bc3 2a15 43ac bff7 0162e2ee45f9 d0561d6e c999 4d37 a9e7 ec3a8ea5c077 25125fa8 498a 40aa 9974 f414172e84e0 86abc4b2 23c8 4bd3 9b95 eb68030c7f4b 3383c6b6 1947 4daa 92eb f210729c0631 0b89e02e 5c02 4da2 abd6 a39c896c68ef 54cf0e3f 5163 48c1 86b3 0b515b84385a d545765e 9b88 451a a665 963a9e79c1c2 fc2314b7 0d44 4280 8c0a 9afe675b6718 a2183406 9d3d 4817 a761 ede6506223a5 e0f42f0d e04e 4683 8a27 480b74b67434 936963ad 14ef 4a86 b0c6 e1a937f15148 bc5fb241 39cd 48c6 a626 2979231be651