Commercial Real Estate Loans Statistics (2022)
Investing in real estate is responsible for creating more millionaires worldwide than any other business venture. It’s estimated that 9 out of every 10 millionaires earned their wealth through real estate investments. Based on data from the FDIC, 98% of all FDIC-insured lenders are involved in commercial real estate lending. Just 10 FDIC-insured banks hold […]
Fix and Flip & Residential Loans Statistics (2022)
Nearly 6,000,000 homes are sold every year in the United States. Out of all homes currently owned in the US, 60% of them carry mortgage debt. The average mortgage debt held by US homeowners is $202,284, with an average monthly payment of $1030. Homeowners in the US are paying an average interest rate of 3.94% […]