Commercial/Multifamily Borrowing Declines 53% Year-Over-Year in Second-Quarter 2023

Commercial and multifamily mortgage loan originations were 53% lower in the second quarter of 2023 compared to a year ago, and increased 23% from the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. 

Commercial/Multifamily Borrowing Declines 53% Year-Over-Year in Second-Quarter 2023

Commercial and multifamily mortgage loan originations were 53% lower in the second quarter of 2023 compared to a year ago, and increased 23% from the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. 

MBA: 1Q Commercial, Multifamily Borrowing Declines 14 Percent

Commercial and multifamily mortgage loan originations decreased 14 percent in the first quarter from a year ago, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: Second Quarter Commercial/Multifamily Borrowing Falls 48 Percent

Commercial and multifamily mortgage loan originations fell by 48 percent in the second quarter from a year ago and declined by 31 percent from the first quarter, the Mortgage Bankers Association reported this morning in its Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.