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Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

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Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

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Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
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303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Contact Us

Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

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Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
Directions
303-721-6232
Mortgage

MBA Releases October Mortgage Finance Forecast

Articles by: Richey May, Oct 27, 2016

October 2016

For the 3rd consecutive month, the MBA has adjusted their forecast higher for total mortgage origination volume with the most significant adjustments related to refinances.

 

Most notably, forecasts for the 4th quarter were increased by 12%, or $53 billion, over the September forecast. The adjustments were primarily driven by higher expectations for refinances which are forecasted to be the largest refi share since Q1 of 2015. Looking on to 2017, refinance volume is forecasted to be $529 billion, which is 5% or $74 billion higher than the MBA’s September forecast. Check out Richey May’s interactive dashboard for the MBA’s mortgage finance forecast on our data analytics webpage. https://www.richeymay.com/industries/mortgage-banking/data-analytics-and-benchmarking/

 

The below graph highlights how the MBA has changed their forecast over the past three months to be more optimistic on refinance volume.

 

MBA Releases October Forecast - Graph