After seeing considerable growth in borrowing and lending in the commercial and multifamily sectors in 2021, the Mortgage Bankers Association tells the industry not to expect a repeat performance this year.
“Holding steady” is forecast for commercial mortgage borrowing and lending, with multifamily lending alone expected to decline 11 percent from last year’s estimated record of $470 billion.
Read more...Multifamily Lending to Drop This Year Amid Rising Rates via GlobeSt
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