Mortgage News

Archive for the ‘Loan Rate’ tag

MBA Says Home Construction Loan Delinquency Rate Misleading

without comments

Constructions loans for single and multi family
projects in the United States are incorrectly included in commercial real
estate delinquency reports, according to the Mortgage Bankers
Association’s most recent Commercial/Multifamily Research DataNote.

According to the report, combining commercial real estate loans with
construction projects destined for family dwellings greatly
inflates the delinquency rates
reported for…

Read More Now