 |
| Jamie Woodwell |
Washington, DC (Nov. 13, 2012)– Commercial and multifamily
mortgage origination volumes during the third quarter of 2012 were seven
percent lower than during the third quarter 2011, 17 percent lower than during
the second quarter of 2012 and up 15 percent year-to-date from last year’s
year-to-date levels, according to the Mortgage Bankers Association’s (MBA)
Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
“Commercial and
multifamily mortgage borrowing slowed in the third quarter,” said Jamie
Woodwell, MBA’s Vice President of Commercial Real Estate Research.
“Even though low
interest rates continue to make borrowing extremely attractive, a moderate pace
of commercial property sales transactions and a continued drop in the volume of
commercial mortgages maturing limited the overall amount of commercial mortgage
loans originated.”
To view the report, please
visit the following Web link:
For a complete copy of the company’s news release, please
contact:
Matt Robinson
202-557-2727.
No comments:
Post a Comment