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Commercial real estate lending plunged 56% last quarter as ‘logjam’ of uncertainty clogged the market
May 10, 2023
Mark Paul Cervantes
Commercial Real Estate, Loan Markets, Top News
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Commercial real estate lending more than halved last quarter compared to the prior year. The MBA attributed the drop to a “logjam” of uncertainty that’s freezing the market. Demand for office and apartment buildings has […]
The Housing Recession Is Coming
September 19, 2022
Eric Parel
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Comments Off on The Housing Recession Is Coming
Source: The Ringer — While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the […]
The uptick in housing activity will be temporary: Fannie Mae
February 21, 2023
Mariel Alumit
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Comments Off on The uptick in housing activity will be temporary: Fannie Mae
The mortgage industry started 2023 with optimism due to an increase in housing activity. However, the celebrations may have to wait, as the fundamentals point to further weaknesses ahead of an expected recession in the […]