MBA: Multifamily Lending Declined 1% in 2022 to $480 Billion
In 2022, 2,242 different multifamily lenders provided a total of $480.1 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association’s annual report of the multifamily lending market said.
Zillow: Homeowners With Low Mortgage Rates Much Less Likely to Sell
Zillow, Seattle, reported in a new survey that homeowners who have mortgage rates below 5% are nearly twice as likely to want to stay in their current home as those with rates above that threshold.
Industry Briefs Aug. 1, 2023
Industry briefs from LenderLogix, Snapdocs, Down Payment Resource and Guaranteed Rate.
