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Mortgage Forecast for 2022: Higher Rates, Fewer Refis, and More Purchases

Key highlights from this report: A new mortgage forecast suggested we could see higher rates in 2022. The MBA predicted 30-year loan rates could hit 4% by the end of 2022. They expect mortgage refinancing to drop off considerably, as a result. Surprisingly, the group predicted an increase in purchase loans next year. On October […]

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