Total commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending in 2022, roughly in line with 2021 totals ($891 billion), according to an updated forecast released by the Mortgage Bankers Association (MBA).
Multifamily lending alone (which is also included in the total figures above) is expected to fall to $418 billion in 2022 – down 11% from last year’s estimated record of $470