Jamie Woodwell, Mortgage Bankers Association
Commercial real estate enters 2021 with uncertainty
International Investments: Mexico
Mexico has long been a popular choice for Americans looking to buy a second home or investment property, but dollars flowing the other way have been somewhat tepid. Despite being our southern neighbor, Mexico has been a relatively minor player in the U.S. commercial real estate market over the past three years. A single hotel-portfolio […]
Residential Spotlight: New England Region
Slow growth hasn’t caused these Northeast states to wither.
Housing should be high on Biden’s to-do list
President-elect Joe Biden’s administration will confront a host of issues after his inauguration this month, including the ongoing coronavirus pandemic, a wavering U.S. economic recovery and a deeply divided nation. Another issue that should be a priority is housing. Economists say that, with the exception of the Great Recession, housing has helped the nation recover […]
Look for low rates and slower price growth in 2021
A truly unprecedented year is now in the books. With that in mind, let’s look ahead at several housing-market trends that are likely to occur in 2021 and beyond. First, exceptionally low mortgage rates are likely to be around for an extended period. CoreLogic expects that 30-year fixed-rate loans will remain below 3% in the […]
Buckle up for another bumpy ride
As bad as 2020 was for the U.S. commercial real estate market, 2021 could be worse. One window into just how rough the year could be is visible in the recent struggles of commercial mortgage-backed securities (CMBS). Some analysts, including Trepp, describe a harsh cycle of distress potentially playing out this year that was foreshadowed […]