| Oct 12, 2011 4:11PM More optimism surrounding the European Debt risis and more tough times for Mortgage Rates . Unlike yesterday's rather abrupt rise in rates versus Friday, rates held relatively steady today, with no change to Best-Execution, despite weaker bond markets. As a bit of an ongoing public service to those who might be in disbelief, and if you didn't see it yesterday: rates are significantly higher than last week. If you're seeing local or national news talking about rates in the "high 3's, " that info is... Oct 12, 2011 4:18PM The chief economist of the Mortgage Bankers Association (MBA) told association members Tuesday that they are in for yet another tough year. Jay Brinkmann, speaking at MBA's annual gathering in Chicago, laid out a litany of economic ills that will plague the industry through 2012. Brinkmann expects mortgage originations to fall from an estimated 232347.2 trillion in 2011 to $900 billion next year. This will be driven by a significant decline in refinance originations which will not be offset by the expected...
 | 
