Less than halfway through 2015, Fannie Mae and Freddie Mac are approaching their $30 billion annual lending limit. Because these government-sponsored entities are by far the biggest multifamily lenders, reaching the limit so early in the year would alter the industry’s capital sources for the rest of 2015 and potentially early 2016.
Source: www.propertymanagementinsider.com
Less than halfway through 2015, Fannie Mae and Freddie Mac are approaching their $30 billion annual lending limit which could have a dramatic effect on property valuations with reduced liquidity in the marketplace. This could also have an effect on values going into 2016 as well.