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Office Loans Push Delinquency Rates Up Slightly in First Quarter

Metric Remains at Low Level but Is Expected To Rise, Mortgage Bankers Group Says
Lenders are keeping a close watch on loans tied to office properties. (Getty Images)
Lenders are keeping a close watch on loans tied to office properties. (Getty Images)
CoStar News
April 24, 2023 | 7:20 P.M.

Delinquency rates for commercial and multifamily mortgages increased slightly through the first quarter, and while still at low levels, the upward trend is likely to continue, according to the Mortgage Bankers Association and other industry analysts.

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