General World News

Mortgage origination market should improve by 19% next year: MBA

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania.

The MBA doesn’t expect the Federal Reserve to hike interest rates further this year as real rates – which are inflation-adjusted– are 2%. 

“They’re already at a place where if they do nothing, and inflation holds or falls further from here, they’re going to be slowing the rate details ⇒

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