Tag Archives: Residential Lending

Residential Lending Volume Forecast 2019-2020: Refi & Purchase Lending Volumes & Interest Rates as of March 2019

One year ago the expectation was for rising interest rates and plunging refinance lending volumes.   Yet as of March 28, 2019, the 30-year conventional mortgage interest rate fell 22 basis points from the prior week to 4.06 percent according to Freddie Mac’s Weekly Primary Mortgage Market Survey.  The drop was the largest one-week decline seen …Read more

Residential Refinance and Purchase Lending Forecast Update — November 2017

As we economists say, “forecasting is difficult, especially the future.”   Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending volumes –  both refinance and purchase transactions.  The forecasts typically span a three-year period, currently from 2016 to 2018.  Two of the three have just released quarterly …Read more