October 2012 U.S. Economic And Housing Market Outlook

October 23, 2012

Freddie Mac expects single-family origination volume to come in close to $2 trillion in 2012, about a 30-percent rise from 2011, and then drop by 15 to 20 percent in 2013 as refinance 'burnout' and somewhat higher mortgage rates during the latter half of next year lead to less refinance activity.

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