Mba Forecast For 2024. Mortgage forecasts raised for 2024 & 2025: The association expects inflation to end the year at around 6 percent before declining to a 2 to 2.5 percent range in 2023 and 2024.
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(January 10, 2024) — Mortgage Applications Increased 9.9 Percent From One Week Earlier, According To Data From The Mortgage Bankers Association’s.
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Mortgage Forecasts Raised For 2024 &Amp; 2025:
Mba’s forecast (blue diamonds in the chart) shows a steady decline to 6.1% and 5.5% in 2024 q4 and 2025 q4, with originations increasing to $2.00 trillion (22%).
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The association expects inflation to end the year at around 6 percent before declining to a 2 to 2.5 percent range in 2023 and 2024.