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Higher Borrowing Rates To Slow Commercial Lending, MBA Projects

Sales, Fundamentals Remain Strong, but Economic Uncertainty Is Tempering Outlook
The slowdown in lending is projected to be short-lived and likely to rebound next year, according to the Mortgage Bankers Association. (Getty Images)
The slowdown in lending is projected to be short-lived and likely to rebound next year, according to the Mortgage Bankers Association. (Getty Images)

Rapidly rising borrowing costs have prompted the Mortgage Bankers Association to lower its forecast for loan originations this year.

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