October 22nd, 2018

Purchase mortgage originations are expected to soar in the coming years, partially thanks to the unemployment rate being at its lowest level in almost 50 years, resulting in faster wage growth and more confident homebuyers. Home purchase originations are expected to increase in each of the next few years, going from $1.143 trillion in 2017 up to $1.308 in 2021. (Source: National Mortgage News)