Commercial and multifamily mortgage loan originations were 48% lower in the second quarter compared to a year ago, and declined 31% from Q1, according to the Mortgage Bankers Association’s (MBA) quarterly survey. All property sectors withstood year-over-year declines, but some were far steeper than others. Q2 saw originations drop 91% Y-O-Y for hotels, 74% for retail, 71% for office, 44%
CRE Borrowing and Lending Volume Declines 48% Year-Over-Year
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