Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecast

The average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say.

Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecast
The average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say.