Mortgage Blog

Rate unchanged
November 24th, 2014 9:25 AM

It will be a slow holiday week. The rate stays the same level as last week. There are lots of prediction of the mortgage industry for the next year. The origination volume will be up, mainly from the purchase transaction. The interest rate will go up. Freddie Mac predicted that the rate will go to 5% level at the end of 2015. The refinance volume will go down because of the rate hikes.

Posted in:General
Posted by Eric Fang on November 24th, 2014 9:25 AMPost a Comment

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