 During the fourth quarter of 2013, commercial and multifamily mortgage originations were strong, boosting mortgage debt outstanding to a new all-time high. In fact, the fourth quarter marked the highest volume of commercial and multifamily mortgage originations since 2007, with all investor groups increasing their activity, according to the Mortgage Bankers Association's just-released 2013 Data Book.The level of commercial/multifamily mortgage debt outstanding reached $41.2 billion, or 1.7%, over the previous quarter. |
Raymond Gravelle, Broker
Realty Executives Grant County
Your Residential & Commercial Expert
509.771.0027 cell/text
509.771.0027 cell/text
509-498-2056 fax
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