Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association's annual multifamily lending market report.
The Federal Open Market Committee yesterday said ongoing concerns about the coronavirus and the resulting economic stall means it will hold fast on its current policies.
Pending home sales jumped for the second straight month in June, the National Association of Realtors reported yesterday.
With the recent shift many people have experienced to remote work, digital closing options are top of mind for lenders. Fannie Mae has a variety of eMortgage resources to help you.