Commercial and multifamily mortgage loan originations were 84% higher in the fourth quarter of 2024 compared to a year earlier, and increased 30% from the third quarter of 2024, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, released Feb. 10 at the 2025 Commercial/Multifamily Finance Convention and Expo.
Tag: Michael Fratantoni
MBA CREF Forecast: Commercial/Multifamily Borrowing and Lending Expected to Increase 16% to $583 Billion in 2024
Total commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion in 2025, which is a 16% increase from 2024’s estimated total of $503 billion.
MBA: Delinquency Rates for Commercial Properties Increased in Fourth-Quarter 2024
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2024, according to the Mortgage Bankers Association’s latest commercial real estate finance (CREF) Loan Performance Survey.
Jobs Grow by More Than 250,000 in December; Industry Economists Weigh In
Total nonfarm payroll employment grew by 256,000 in December, and the unemployment rate was little changed at 4.1%, the U.S. Bureau of Labor Statistics reported.
November Job Growth Exceeds Expectation
November’s job creation bounced back from October and exceeded consensus estimates.
BLS: Jobs Close to Flat in October
Total nonfarm payroll inched up by just 12,000 in October, and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
BLS: 254,000 Jobs Added in September
The Bureau of Labor Statistics announced 254,000 jobs were added in September, with the unemployment level still relatively flat at 4.1%.
MBA Economist Mike Fratantoni on Jerome Powell’s Remarks Indicating Cuts
Federal Reserve Chair Jerome Powell spoke Aug. 23 at an economic symposium sponsored by the Federal Reserve Bank of Kansas City, in Jackson Hole, Wyo. His remarks implied the likelihood of near-term rate cuts.
MBA Single-Family Research Showcase Wraps Up Today
A two-day online event, the Single-Family Research & Economics Showcase highlights the most current results and insights from MBA’s residential surveys, forecasts and reports.
MBA’s Single-Family Research Showcase, June 25-26
A two-day online event, the Single-Family Research & Economics Showcase highlights the most current results and insights from MBA’s residential surveys, forecasts and reports.