MBA Predicts Higher Mortgage Rates and Less Home Loan Originations
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December 14, 2009MBA Predicts Higher Mortgage Rates and Less Home Loan Originations
Slowly rising mortgage interest rates along with relatively sluggish home sales will have repercussions in the mortgage industry over the next few quarters according to the Mortgage Bankers Associations Mortgage Finance Forecast for the Fourth Quarter of 2009. “The most important factor driving recent declines in real estate market activity and increases in home loan delinquencies [...]
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