Purchase mortgage originations are expected to rise 4.2 percent in 2019 over last year, the Mortgage Bankers Association (MBA) announced at its 2018 Annual Convention and Expo in Washington, D.C.
The MBA expects to see $1.24 trillion in purchase mortgage originations in 2019, while refinance originations are expected to decrease by 12.4 percent, to $395 billion.
Read on for other predictions from the MBA, including mortgage rates and home price growth.
TO READ THE FULL STORY
Cover Story: