The Chicago real estate market as seen by a local appraiser
Tuesday, January 19, 2010
Loan originations to decline says the MBA
Predicting that interest rates would rise later this year, the Mortgage Bankers Assn. said in a report this week that it expects total mortgage originations to decline from $2.11 trillion in 2009 to $1.28 in 2010 as refinancing drops off.