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» MBA Expects 30-Year Rate at 5.8% by Year-End, Total Originations At $2.57 Trillion for the Year
MBA Expects 30-Year Rate at 5.8% by Year-End, Total Originations At $2.57 Trillion for the Year
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Despite signs of a recovering economy and stronger job growth, mortgage rates are expected to stay modestly low – albeit slowly rising – according to Doug Duncan, chief economist at the Mortgage Bankers Association.