Nationwide: Coronavirus risk emergent, but housing fundamentals stay strong
Reading Time: 2 minutesWhile concerns of a coronavirus-driven economic slowdown growing, data from the latest Health of Housing Markets report from national insurance company Nationwide projects the housing sector to remain a source of growth in 2020. Of the 400 metropolitan statistical areas evaluated in Nationwide’s report, 233 (58%) achieved a positive housing market rating so far in […]
MBA doubles 2020 refinance forecast
Reading Time: 2 minutesThe Mortgage Bankers Association (MBA) has revised its 2020 forecasts for mortgage activity and the economy, doubling its previous refinance originations projection for the year. The massive upward revision comes courtesy of the current interest rate environment, with refi originations now expected to surge 36.7% year over year to $1.232 trillion, twice the organization’s previous […]
