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3 months ago

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Fed rates sent new commercial mortgages plummeting 47% last year

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Fed rates sent new commercial mortgages plummeting 47% last year

Office and healthcare properties led the decline in mortgage originations, as elevated interest rates sparked uncertainty in commercial real estate.

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Fed rates sent new commercial mortgages plummeting 47% last year

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Fed rates sent new commercial mortgages plummeting 47% last year

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