Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report, analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year.

According to those analysts, lenders may have sold their mortgage servicing rights (MSRs) throughout 2023 to increase short-term liquidity, putting them at a disadvantage when refis pick up. In the article, Moody’s said they anticipate an increase in MSR sales in 2024, details ⇒

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