Mesa West Capital, Los Angeles, provided $45.36 million in first mortgage debt for the acquisition of an Embassy Suites hotel in Nashville, Tenn.
Category: News and Trends
Case-Shiller Index Up 3.9% in February
The S&P CoreLogic Case-Shiller Indices found a 3.9% annual gain in 2025, down from an annual gain of 4.1% in January.
Quote of the Day
“Mortgage rates were little changed last week with the 30-year fixed rate at 6.89%. Mortgage application activity, particularly for home purchases, continues to be subdued by broader economic uncertainty and signs of labor market weakness, dropping to the slowest pace since February.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.2% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending April 25, 2025.
Mortgage Banking Bound: Developing the Next Generation of Mortgage Professionals
Mortgage Banking Bound is educating and inspiring the next generation of industry professionals.
May 14-17: MBA Legal Issues and Regulatory Compliance Conference
Mark your calendar: MBA’s Legal Issues and Regulatory Compliance Conference takes place in San Diego from May 14 through 17.
JLL: U.S. Most Popular Spot for Private Wealth Investment in CRE
JLL, Chicago, released its 2025 Private Wealth report, finding that the U.S. attracted 40% of all global private wealth investment volumes in commercial real estate from 2013-2024.
Harvard JCHS Projects Continued Gains for Remodeling Amid Economic Uncertainty
Annual expenditures for improvements and maintenance to owner-occupied homes should grow modestly through 2026, according to the Joint Center for Housing Studies of Harvard University.
Industry Briefs, April 30, 2025
Industry news from Dark Matter, Consolidated Analytics, Sagent, First American Data & Analytics, AnnieMac, UNIFY, VantageScore and Fitch Ratings.
Milliman: Fourth-Quarter Mortgage Default Risk Decreases
Milliman, Seattle, found a slight decrease in the lifetime serious delinquency rate (for homes 180 days or more delinquent) for U.S.-backed mortgages.