CRE Delinquency Rates on the Decline

Connect CRE, Oct. 5, 2020
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, according to the Mortgage Bankers Association’s (MBA) latest monthly MBA CREF Loan Performance Survey. The percentage of current loans rose from 93.6% in August to 94.3% in September, although lodging and retail delinquency rates remain elevated.