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Factors shaping the mortgage industry outlook for early 2021

While 2020 was certainly a year for the record books, 2021 is likely to become the year when the mortgage industry begins to feel the full effects of the COVID-19 crisis.

As mortgage leaders set plans for 2021, here are the driving forces that will shape the first part of the year.

While 2020 was certainly a year for the record books, 2021 is likely to become the year when the mortgage industry begins to feel the full effects of the COVID-19 crisis. Currently home sales and refinancing activity remain high, but there are specters on the horizon indicating that a moderated trend could take hold by mid-year.

As mortgage leaders set plans for 2021, here are the driving forces that will shape the first part of the year.

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