15% of Maturing CRE Loans May Struggle to Refinance

Globe St., Dec. 9, 2024-Kristen Smithberg
Lending markets should experience some relief from high financing costs if the Fed continues to cut interest rates over the next few months — but still, some could face difficulty in securing refinancing. Recent cuts are already spurring optimism in the residential market, with mortgage applications increasing 2.8% during the last week of November, according to data from the Mortgage Bankers Association.
Click here for more (subscription)