MBA releases commercial/multifamily lending forecast for 2022

While commercial and multifamily mortgage activity is expected to remain strong in 2022, these sectors will still feel a slight sting from rapidly soaring rates and economic uncertainty, according to the Mortgage Bankers Association.

In its latest report, the MBA projects that commercial and multifamily mortgage borrowing and lending will remain relatively stable at $895 billion of total lending in 2022 – not far off from last year’s total volume of $891 billion.

“Multifamily lending is expected to remain robust during the rest of 2022 but is now expected to fall short of 2021’s record-high volumes,” said Jamie Woodwell, vice president for commercial real estate research at MBA.