Volume 18 - Number 11
May 30, 2014
Downloads Available: Top Agency Sellers of First-Time Homebuyer Mortgages - 1Q14
Purchase Originations Expected to Decline in 2014
The mortgage marketís shift from a focus on refinances to purchase mortgages wonít be enough to prompt an increase in purchase-mortgage originations in 2014, according to industry economists. The Mortgage Bankers Association revised its origination projections last week, predicting that purchase-mortgage originations will decline by 4.0 percent in 2014 compared with the previous year. An estimated $680 billion in purchase mortgages ... [Includes one data chart]
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