Delinquency rates for commercial and multifam-ily mortgage loans generally declined in the first quarter of 2013, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report, released June 4, 2013. "Commercial and multifamily mortgage performance continues to improve," said Jamie Woodwell, MBA's Vice President of Commercial Real Estate Research. "The improving economy and property fundamentals are supporting loan payments and fewer loans are maturing this year than did last year or the year before. With interest rates still low, property incomes improving and property values on the rise, those loans that are maturing are facing an easier environment in which to refinance."
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