Health care properties propel third-quarter commercial loan surge
Reading Time: < 1 minuteCommercial and multifamily mortgage originations jumped 24% annually during the third quarter of this year, according to survey data from the Mortgage Bankers Association (MBA). The surge was propelled by origination growth in several property sectors — most notably, health care, which enjoyed a 239% year-over-year increase in third-quarter dollar volume. Other sectors posting sizable […]
More first-time buyers turning to family for downpayment help
Reading Time: 2 minutesFirst-time homebuyers are increasingly turning to family and friends for help in their homeownership quest, according to a new report from the National Association of Realtors (NAR). The trade group’s 2019 Profile of Home Buyers and Sellers found that one-third of first-time buyers used downpayment help from family and friends to make their home purchase. […]
