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Fed Rate Decision Signals Lower Mortgage Originations in 2016 

Dec 22, 2015By

Last week, the Federal Reserve announced the first increase in the fed funds rate in nearly a decade. Given the modest rate hike was only between 0.25%-0.5%, the total dollar amount of mortgage originations next year are expected to be lower than 2015 levels, forecasts the Mortgage Bankers Association (MBA). Overall, MBA expects mortgage origination […]