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Most recent market newsTuesday, March 27
The average rate you’ll pay for a 30-year fixed mortgage is 4.33 percent. The average 15-year fixed-mortgage rate is 3.76 percent.
Source: Bankrate
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2017:
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HFF Wells Fargo PNC Real Estate Eastdil Secured JP Morgan Chase & Company CBRE Capital Markets, Inc. Key Bank Capital One Financial Corp. Meridian Capital Group Walker & Dunlop.
The MBA study is the only one of its kind to present a comprehensive set of listings of 131 different commercial/multifamily mortgage originators, their 2017 volumes and the different roles they play. The MBA report, Commercial Real Estate/Multifamily Finance Firms – Annual Origination Volumes, presents origination volumes in more than 140 categories, including by role, by investor group, by property type, by financing structure type, and by the location of the originating office.
By dollar volume, the top five originators for third parties in 2017 were:
HFF Eastdil Secured CBRE Capital Markets, Inc. PNC Real Estate Meridian Capital Group.The top five lenders in 2017 were:
Wells Fargo JP Morgan Chase & Company Key Bank Capital One Financial Corp. Bank of America Merrill Lynch.Ten different companies were at the top of the 11 lists reporting total originations by investor groups:
Deutsche Bank Securities, Inc., JP Morgan Chase & Company, and Eastdil Secured were the top originators for commercial mortgage-backed securities (CMBS) PNC Real Estate, JP Morgan Chase & Company, and Key Bank were the top originators for commercial bank loans HFF, MetLife Investment Management, and PGIM Real Estate Finance were the top originators for life insurance companies Walker & Dunlop, Berkadia, and Wells Fargo were the top originators for Fannie Mae CBRE Capital Markets, Inc., Walker & Dunlop, and Berkadia were the top originators for Freddie Mac Greystone, Red Mortgage Capital, LLC, and Berkadia were the top originators for FHA/Ginnie Mae TH Real Estate, CBRE Capital Markets, Inc., and HFF were the top originators for pension funds HFF, CBRE Capital Markets, Inc., and Marcus & Millichap Capital Corporation were the top originators for credit companies Eastdil Secured, Capital One Financial Corp., and Meridian Capital Group were the top originators for REITS, Mortgage REITS, and Investment Funds JLL, PCCP, and Walker & Dunlop were the top originators for specialty finance; Wells Fargo, HFF, and Deutsche Bank Securities Inc. were the top originators for the “other investors” category News from earlier this weekMonday, March 26
The average rate you’ll pay for a 30-year fixed mortgage is 4.33 percent, an increase of 3 basis points from a week ago. A month ago, the average rate on a 30-year fixed mortgage was lower, at 4.31 percent. The average 15-year fixed-mortgage rate is 3.75 percent, up 3 basis points over the last seven days.
Source: Bankrate
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