Advocacy Update: MBA’s Broeksmit Testifies on the Hill on Basel III Re-proposal; Fed Keeps Rates Steady, Warsh Nomination Advances; Banking Agencies Finalize CBLR Rule
This week’s top legislative and policy news from the Mortgage Bankers Association.
Zillow: Rent Growth Slowing
Zillow, Seattle, released a new analysis finding that the typical U.S. asking rent was $1,910 in March. That’s up 1.8% year-over-year, but marks the slowest pace of growth since 2020.
Dealmaker: JLL Secures $16M Construction Loan for Project J in Charlotte
JLL Capital Markets, Chicago, arranged $16 million in construction financing for Project J, an 84-unit multifamily development in Charlotte, N.C.





