Commercial and multifamily mortgage bankers are expected to close a record $683 billion of loans backed by income-producing properties in 2020, a 9 percent increase from 2019’s anticipated record volume of $628 billion, according to a new Mortgage Bankers Association forecast.
Tag: Forecast
Zillow: Shrinking Homes, More Stable 2020 Housing Market
After “extraordinary” home value growth characterized by a strong housing market in 2017 and 2018, Zillow, Seattle, said 2020 should shake down more like 2019–with the market stabilizing near historic norms.