Commercial/Multifamily Borrowing Falls 47 Percent in Third Quarter

Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020, the Mortgage Bankers Association reported.

MBA Chart of the Week: Appetite for Commercial/Multifamily

CRE mortgage demand is generally on the rise, with four times more firms expecting borrower demand to be “very strong” in the fourth quarter (24%), compared to the 6% who believed demand was “very strong” in the third quarter.

MBA Chart of the Week: Appetite for Commercial/Multifamily

CRE mortgage demand is generally on the rise, with four times more firms expecting borrower demand to be “very strong” in the fourth quarter (24%), compared to the 6% who believed demand was “very strong” in the third quarter.

MBA: 2Q Commercial/Multifamily Mortgage Debt Rises

The Mortgage Bankers Association’s latest quarterly Commercial/Multifamily Mortgage Debt Outstanding report found commercial and multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter.