Aug 22, 2011 12:43PM The third quarter is shaping up to be the best in 2011 from the standpoint of mortgage originations according to the Mortgage Bankers Association (MBA). Figures released on Friday predict that the September-December period will see a total of $294 billion in originations and the year will finish up with 225704.1 trillion in residential volume. The year-end results will be approximately $100 billion higher than earlier forecasts due to more refinancing than anticipated. Purchase originations however will... Aug 22, 2011 9:33AM A "risk-off" environment helped bonds rally last week and led mortgage rates back into record low territory. Weak economic data around the world and continued "can kicking" in Europe sparked a sell-off in stocks and pushed the benchmark 10-year Treasury note yield below 2.00% for the first time ever. In the week ahead investors will be searching for a bottom in both equities and interest rates. Stock markets are already set to begin the week more than 1% higher. The collapse of Muammar el-Qaddafi...
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