Mortgage banking economists now expect nearly $80 billion more in residential loan originations for all of this year than they forecasted just a month ago.
Home-lending is projected to reach $518 billion in the third quarter then fall to $363 billion three months later and $295 billion in the first-quarter 2017.
The outlook increased from June, when volume was expected to go from $460 billion this quarter to $343 billion in the fourth quarter then fall to $295 billion.
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From:: Financing