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SAN DIEGO—GlobeSt.com was in attendance for the opening session Sunday at MBA's CREF/Multifamily Housing Convention and Expo 2017 where speakers provided their insights about the economy and commercial and multifamily real estate finance.

By Natalie Dolce | nataliedolce | Updated on February 21, 2017

MBA's CREF/Multifamily Housing Convention and Expo 2017 opening economic outlook session. MBA’s CREF/Multifamily Housing Convention and Expo 2017 opening economic outlook session.

SAN DIEGO—“We are expecting solid US growth even though we are still in a world where growth is still relatively weak. We are at full employment. Inflation is up and increasing so we fully expect that the Fed will move three times this year and they will raise short term rates relatively rapidly. We are also seeing unbelievably favorable demographics.” Those thoughts came in the opening statement from Michael Fratantoni, chief economist and SVP of research and industry technology at Mortgage Bankers Association.

GlobeSt.com was in attendance on Sunday for MBA’s CREF/Multifamily Housing Convention and Expo 2017 to hear the opening economic outlook session covering the latest information and insights about the economy and commercial and multifamily real estate finance markets—including the release of MBA’s 2017 CREF forecast.

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