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MBA 2020 Forecast: Purchase Originations to Increase 1.6 Percent to $1.29 Trillion

AUSTIN, TEXAS  – The Mortgage Bankers Association (MBA) announced today at its 2019 Annual Convention and Expo in Austin, Texas, that purchase originations are expected to increase 1.6 percent to $1.29 trillion in 2020. After a surge in activity in 2019, MBA anticipates refinance originations will slow next year, decreasing by 24.5 percent to $599 billion. MBA forecasts …

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