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Home » Store » News » Sharp Declines in Mortgage Production Forecast for 2003 and 2004 Despite Rebounding Economy

Sharp Declines in Mortgage Production Forecast for 2003 and 2004 Despite Rebounding Economy

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Annual mortgage origination volume may drop by as much as $1 trillion over the next two years, even though housing markets will remain very strong as the U.S. economy begins to ramp up. The big drop in production volume is largely due to the largely unexpected boom in originations this year, which most industry economists say will hit $2.5 trillion when the
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