Mortgage lending this year likely will total $3.4 trillion, about $1 trillion higher than 2019, as low rates boost refinancings, Fannie Mae said in a forecast. That would be the highest level of originations since 2003’s $3.8 trillion, according to data from the Mortgage Bankers Association. Fannie Mae’s forecast put refinancings at $2.1 trillion in […more]
Posted in: San Francisco
Comments are closed.