General World News

Originations forecast through 2026 ‘dampened’ by inflation, GDP and labor market growth

Persistent economic trends that include inflation, a strong labor market and real gross domestic product (GDP) growth will continue to “dampen” mortgage origination activity through at least the end of 2026, according to the newest U.S. mortgage originations outlook from financial services forecasting and advisory company iEmergent.

Based on 2023 Home Mortgage Disclosure Act (HMDA) data, the iEmergent analysis predicts that purchase mortgage volume will rise by roughly 9% in 2024 compared to last year. But this will primarily be driven by larger loan amounts rather than a larger details ⇒

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