Q1 Commercial Mortgage Originations Sink to 9-Year Low - The Mortgage Leader

Search Articles

Enhancing Commercial Lending Through Digital Transformation Explore the transformative impact of digital technologies like AI and blockchain on commercial lending, enhancing customer experience and compliance.

Estimated reading time: 0 minutes, 21 seconds

Q1 Commercial Mortgage Originations Sink to 9-Year Low

Sunday, May 14 2023

Commercial Lending

Written by The Mortgage Leader

font size decrease font size increase font size
Print
Email

Commercial and multifamily loan originations in the first quarter of 2023 were down 42% from the previous quarter and 56% from a year before, according to the Mortgage Bankers Association. So reports GlobeSt.com.

MBA The period marked the lowest-volume first quarter—historically the lowest-volume quarter of the year—since 2014.

Commercial real estate originations started falling in the third quarter of last year, according to the MBA.

Read the full article from GlobeSt.com.

Read 810 times

Rate this item

1
2
3
4
5

(0 votes)

More in this category: « Business Leaders Kick Commercial Real Estate While It’s Down Real Estate Investors Lost Money on 13.5% of Home Sales in March »

MOST READ STORIES

LEARNING CENTER

Fast,Easy & Free

TRENDING WHITEPAPERS,VIDEOS & MORE

OTHER EDUCATIONAL CONTENT

PRESS RELEASES

OTHER NEWS

NEWSLETTER

Subscribe to our newsletter to get exclusive news and insight not found anywhere else. Stay connected

FOLLOW US

SITEMAP

.

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.