Commercial mortgage originations fell 17% in Q3 from Q2, and 7% Y/Y, according to the MBA. The strong spot was (where-else) multi-family, where originations grew 7% on the quarter. It's not just the number of commercial transactions slowing down, says the MBA, but also a slowing pipeline of maturing mortgages requiring refinancing.
Commercial mortgage originations fell 17% in Q3 from Q2, and 7% Y/Y, according to the MBA. The...
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