Economists at Bank of America and the Mortgage Bankers Association have released new forecasts for the mortgage industry, providing valuable insights into what to expect in the coming years. The forecasts cover crucial aspects such as mortgage rates, origination volume, and MBS market projections, helping industry professionals and consumers alike plan for the future.
Key points from the forecasts include:
– Mortgage rates: Analysis of potential trends in interest rates can help borrowers make informed decisions about refinancing or locking in rates.
– Origination volume: Forecasts on origination volume can provide valuable information for lenders and investors looking to navigate the evolving market.
– MBS market forecasts: Projections on the MBS market can help stakeholders anticipate changes in the mortgage-backed securities landscape and strategically plan their investment strategies.
You can read this full article at: https://www.housingwire.com/articles/how-industry-forecasters-see-2024-shaping-up/(subscription required)
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