Interests Rates made a huge one day reversal yesterday cutting over one half of one percent in long term treasury rates
FHA 223F purchase and refinance loans have a 35 year term are non recourse and loan to value is 83%
Interest Rates now hit new lows for 2014 and expectations of the FED raising rates are disappearing
The move in bonds was driven by continued weakness in Europe and the realization that USA Hospitals administrators are not the least bit prepared to handle Ebola
FNMA 10 year loan rates also dropped to the low 4% range depending on loan to value.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Thursday, October 16, 2014
Wednesday, September 10, 2014
Apartment Loan rates rise quickly up about 25 basis points from last month
Thursday, June 26, 2014
NY AG Sues Barclays over Dark Pools illegally giving client Identity - trading activities Apartment Loan rates go down
Apartment Lender …https://t.co/sl0dwa2ZQQ FHA FNMA rates - https://t.co/pUhdi0DXIO
— Apartment Lender (@lenderapartment) June 26, 2014
Commercial Loan Wizard
"The behavior described in this complaint would put a bank's financial interest in marketing its dark pool and profiting by providing access to predatory high-speed traders ahead of the interests of investors," Senator Carl Levin, the Michigan Democrat who leads the Permanent Subcommittee on Investigations, said in a statement. "Action is needed to end conflicts of interest in the U.S. stock market.",
Thursday, June 19, 2014
Small and Large Apartment Loans FNMA FHA 223(f) and conventional financing fixed rate
Fixed Rate non-recourse small apartment loan program.
Loan Amounts: $750,000-$5,000,000 DUS no maximum loan amount
Baltimore,
Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco,
San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms
Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value or Costs: 80%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees
Monday, May 19, 2014
A Senate committee approved legislation to replace Fannie Mae and Freddie Mac with a new mortgage market financed by private capital
with a government backstop. The Housing Finance Reform and Taxpayer Protection Act was approved by the Senate Banking Committee by a 13-9 vote — likely too small of a margin to convince Senate Majority Leader Harry Reid, D-Nev., to disrupt the housing finance system, raise interest rates. leave small and rural markets without a secondary market by bringing the bill to the Senate floor for a vote.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Saturday, May 17, 2014
REITs Worry More About CapEx - Daily News Article - GlobeSt.com
REITs Worry More About CapEx - Daily News Article - GlobeSt.com
REIT'S see Operating and Capital Expenses worries as cap rates hit lows and prices hit peaks
While Smaller Markets sill not liquid
Apartments not as badly effected Commercial Loan Wizard
REIT'S see Operating and Capital Expenses worries as cap rates hit lows and prices hit peaks
While Smaller Markets sill not liquid
Apartments not as badly effected Commercial Loan Wizard
Wednesday, May 14, 2014
Double good News for owners and buyers A Major Lift for Fannie and Freddie and apartment interest rates fall sharply
and the FHFA leader tries to calm housing and multifamily markets A Major Lift for Fannie and Freddie “Our overriding objective is to ensure that there is broad liquidity in the housing finance market and to do so in a way that is safe and sound,” Melvin L. Watt, the new head of the Federal Housing Finance Agency, said in a speech at the Brookings Institution in Washington.
Commercial Loan Wizard
Chicago-area commercial properties jumped in the first quarter to their highest level since 2008, fueled by rebounding rents and occupancies and a pickup in lending.
Investors plunked down more than $3 billion to acquire 192 apartment properties, retail centers, industrial buildings and hotels in the first quarter, up 59 percent from $1.9 billion in year-earlier period, according to New York-based research firm Real Capital Analytics Inc. It was the best first-quarter showing since the first three months of 2008, at the tail end of the last boom, when investors bought $3.9 billion in commercial real estate here.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Wednesday, April 23, 2014
Non Recourse Permanent Financing Apartment Loans Low Rates Still Hanging On FNMA 10yr from 4.35% tier III FHA 223 F 35 year fixed 4.35%
Low Interest Rates Hanging on for now
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Monday, April 21, 2014
Apartment permanent Loan Rates - FHA now 4.35% 35 years - New Bridge Loans for FNMA exit min. $1,500,000
Apartment Permanent Loan Rates
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Friday, March 14, 2014
Kendall provides Long term fixed Rate Affordable Senior Housing Refinance in California and a market rate rental in Arizona
The property provides 46 units of affordable housing for seniors in a small rural town in California. The seniors rents are supplemented by Housing Assistance Payments from HUD.
The borrower fixed the rate for 16 years and paid off a balloon loan due on the property.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news RATES
Wednesday, March 12, 2014
Will Congress closing #FNMA #Freddie home Loans increasing down payments and interests rates benefit landlords?
Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) have reached a plan which will wind down and eliminate Fannie and Freddie and raise home loan rates
Congress in its wisdom has decided to increase interest rates for home loans and increase the deficit. Under this plan down payments will go up and without any insurance from the government the historically successful USA home lending program will be gutted causing a boom in rents and windfall profits for apartment landlords.
Shares of Fannie Mae (NASDAQOTCBB: FNMA ) fell by an astonishing 40% and Freddie Mac (NASDAQOTCBB: FMCC ) was not far behind dropping 30%, as a result of the announcement of the bi-partisan bill posed by the Senate Banking Committee to begin winding downing the two government sponsored entities.
The federal government took over Fannie and Freddie after propping them up with a $187 billion bailout. Since the bailout the Treasury department has turned a profit from its investment in the lenders.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news
Congress in its wisdom has decided to increase interest rates for home loans and increase the deficit. Under this plan down payments will go up and without any insurance from the government the historically successful USA home lending program will be gutted causing a boom in rents and windfall profits for apartment landlords.
Shares of Fannie Mae (NASDAQOTCBB: FNMA ) fell by an astonishing 40% and Freddie Mac (NASDAQOTCBB: FMCC ) was not far behind dropping 30%, as a result of the announcement of the bi-partisan bill posed by the Senate Banking Committee to begin winding downing the two government sponsored entities.
The federal government took over Fannie and Freddie after propping them up with a $187 billion bailout. Since the bailout the Treasury department has turned a profit from its investment in the lenders.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news
Thursday, January 16, 2014
Apartment Loan Rates FHA 223 F FNMA DUS slightly lower than last week
847 903- 7578 Scott
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
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