Sunday, July 31, 2016

Mortgage Bankers Association Reports Commercial/Multifamily Originations Remain Strong

Jamie Woodwell
WASHINGTON, DC -- According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2016 commercial and multifamily mortgage loan originations were one percent higher than during the same period last year and 17 percent higher than the first quarter of 2016.

 “Borrowing and lending backed by commercial and multifamily properties remained strong during the second quarter,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.  

“Low interest rates combined with strong commercial property market fundamentals to further support lending and to keep overall borrowing levels on pace with last year’s strong level.”

For a complete copy of the company’s news release, please contact:

Ali Ahmad
(202) 557-2727

No comments: