Freddie Mac continues to believe that #mortgage lending is on track for a big year this year, but now expects the market to tap the brakes in 2017. But it won’t be purchase #mortgage originations that will drag down 2017’s origination total, as purchase and home improvement #mortgage activity is actually expected to rise next year. According to the Freddie Mac report, next year’s drop will be driven by a significant decline in refinances. http://www.housingwire.com/articles/38331-freddie-mac-mortgage-market-soaring-in-2016-will-fall-back-in-2017 ❤️ #share #mortgage
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