by mdibrino@hqmloans.com | Apr 6, 2023 | Uncategorized
What is the office outlook for 2023? He cited a previous CBRE study focusing on the CRE sector: “We’ve looked at the office sector, which is the focus in scrutiny,” he said. “Eighty percent (80%) of the rise in vacancy is due to the 10% of worst-affected buildings, so...
by mdibrino@hqmloans.com | Apr 6, 2023 | Uncategorized
The FDIC has remained tight-lipped about its securities holdings but announced plans to market a $60 billion Signature Bank loan portfolio, mostly composed of commercial real estate debt, on Monday. The challenge for the FDIC will be to maximize the value of any sale,...
by mdibrino@hqmloans.com | Apr 6, 2023 | Uncategorized
However, while the falling rates may seem like good news for homebuyers, borrowing costs remain high and housing inventory remains low, both of which are keeping a cap on homebuying activity. In fact, the Mortgage Bankers Association (MBA) reported that applications...
by mdibrino@hqmloans.com | Apr 6, 2023 | Uncategorized
To achieve these objectives, Fannie Mae has come up with 25 separate actions, including down payment assistance programs, mortgage underwriting innovations, and special purpose credit programs to help first-time homebuyers. It is also supporting five 2022 Innovation...
by mdibrino@hqmloans.com | Apr 5, 2023 | Uncategorized
What’s impacting the homebuying market? The showing is attributable to a number of factors, but principally it’s illustrative of a collective reckoning as consumers acclimate to a new reality: “The leveling off and consistency of the rates over the last three months...