Multifamily Housing: An Innovative Avenue for First-Time Buyers

Washington Post, Jan. 23, 2020–Troy McMullen
Historically low interest rates are encouraging multifamily investments, says Jamie Woodwell, vice president for real estate research at the Mortgage Bankers Association. The number of borrowers taking out multifamily mortgages rose 24 percent in the third quarter of this year compared with the same 2018 period, a record pace, according to MBA data.