MBA forecast: Mortgage volume to dip below $2T in 2027 as 7% rates linger
Trade group projected higher-for-longer borrowing costs, wider spreads and potential Fed hikes ahead
Marina Walsh
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MBA forecasts $2.2T mortgage origination in 2026
Purchase originations are forecast to increase 7.7% to $1.46T next year and refinance originations are expected to increase 9.2% to $737B.