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Tag Archives: Purchase originations

Market Forecast: Purchase Originations

On Tuesday, the MBA released its forecast of purchase originations—reporting that it expects to see $1.2 trillion in purchase mortgage originations in 2018, representing a 7.3 percent increase ...

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Purchase Originations, Refis in Freefall

New data shows that mortgage originations are in freefall. While both purchase loan originations and refinances took a hit, refis saw the steepest drop, decreasing 34 percent over the first quarter of the year. Purchase originations dipped 21 percent over the same period. The average credit score of borrower is also on the decline, which could dampen the market if the trend keeps up.

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