Commercial Real Estate Direct Staff Report The continued dearth of property-sales transactions, which has been driven largely by spiking interest rates, has prompted the Mortgage Bankers Association to further reduce its forecast for commercial mortgage lending this year to $442 billion. That would be a 46 percent drop from last year’s $816 billion of volume, which […]

The post Dearth of Property Sales, High Rates Push MBA to Lower 2023 Lending Forecast Again, to $442Bln appeared first on Commercial Real Estate Direct.