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Office Delinquencies Rise As Working From Home and Higher Rates Factor In
Saturday, July 13, 2024 - 10:24am | 556The delinquency rate for U.S. office loans rose in June as vacancies grew due to the post-pandemic work-from-home trend and persistently high interest rates, according to a report from Fitch Ratings. The rate of delinquencies, or late payments, on loans behind commercial mortgage-backed securities...