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The State with the Greatest Increase in Mortgage Debt Is…

The State with the Greatest Increase in Mortgage Debt Is…

by Phil Hall | Mar 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study from WalletHub that analyzed mortgage debt levels among the states between the third and fourth quarters of 2023 has found Maryland as the national leader in percentage terms, with the average balance rising by 1.23% to $283,092. WalletHub noted that...
Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion

Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion

by Phil Hall | Dec 14, 2023 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The total volume of commercial/multifamily mortgage debt outstanding rose to $4.63 trillion at the end of the third quarter, according to new data from the Mortgage Bankers Association (MBA). This marked an 0.8% increase, or $37.1 billion, from the second quarter....
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