Wednesday, March 18, 2015

Commercial, Multifamily Mortgage Debt in U.S. at $2.6 Trillion via WORLD PROPERTY JOURNAL

According to the Mortgage Bankers Association (MBA), total commercial and multifamily debt outstanding in the U.S. stood at $2.64 trillion in the fourth quarter of 2014, an increase of $48.9 billion, or 1.9 percent, over the third quarter of 2014.

Commercial-multifamily debt outstanding increased at the highest rate since the fourth quarter of 2007, as three of the four major investor groups increased their holdings in the fourth quarter. On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2014 was $119.5 billion higher than at the end of 2013, an increase of 4.7 percent.

Read more...Commercial, Multifamily Mortgage Debt in U.S. at $2.6 Trillion - WORLD PROPERTY JOURNAL Global News Center

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