Lending News Roundup – March 7, 2023
The commercial real estate market saw a 15% decline in transaction volume in 2022, according to MSCI Real Assets. However, the year still remained strong in historical terms as the level of deal volume achieved in 2022 was the second-highest in MSCI’s data set, trailing only the peak reached in 2021. The last three months […]
Higher Rates, Cool Spring Market – Lending Update March 1, 2023
Recent reports suggest that homebuyers are having second thoughts about purchasing homes as higher mortgage rates have zapped mortgage demand. The Mortgage Bankers Association’s seasonally adjusted index shows that mortgage applications for home purchases have declined 6% for the week ending February 24 from the previous week, and mortgage demand is 44% lower than the […]
