Mortgage lending on track for best year since 2013

While a recent report from Fitch Ratings suggested that 2016 could be a rough year for mortgage servicers due to persistently low interest rates, those same interest rates could lead to a banner year for mortgage lenders. It’s not just refinance applications that are trending up, actual first mortgage originations were up sharply in the first quarter — to a point that 2016 could be the best year for mortgage lending since 2013. …read more

From:: Real Estate Wire

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