MBA Chart of the Week: Federal Reserve Projections

The Federal Reserve is racing to catch up to economic events, announcing a 75-basis-point increase in the federal funds rate and signaling more increases following last week’s FOMC meeting.

MBA: Record-High 1Q Commercial/Multifamily Mortgage Debt Outstanding

Commercial/multifamily mortgage debt outstanding increased by $74.2 billion (1.8 percent) to record levels in the first quarter, the Mortgage Bankers Association reported Thursday in its quarterly Commercial/Multifamily Mortgage Debt Outstanding Report.