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
Monday, December 30, 2013
2013 the year of Scandals - Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013
Commercial Lending Sales close to 2008
Interest rates up over 1% in last year
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013 - CoStar Group
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.
Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
2013 the year of Scandals
Due to the overabundance of scandals, please don’t be disappointed if your personal favorite scandal did not make the list.
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.
Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Lending remains behind pre-recession levels
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
During
that time frame, loans at banks with assets of less than $1 billion
grew by $28.4 billion, or .7 percent annually, while loan balances for
banks with more than $1 billion in assets decreased by $182.8 billion,
or .4 percent.
At the same time, total assets for all banks grew by nearly $1.3 trillion, or 1.9 percent.
Much of that asset growth came from securities, or investments, that could pose a problem for banks in the future.
More
and more of those purchased securities are long-term [five years or
longer], and they could be problematic as interest rates rise in the
future.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
2013 the year of Scandals
Due to the overabundance of scandals, please don’t be disappointed if your personal favorite scandal did not make the list.
Wednesday, November 20, 2013
new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074
Small balance loans and focus on "story book" type
loans which need to close fast and loans that banks will not fund on (i.e. broken condos, fix/rehab type loans, etc).
Kendall Contacts
Or the standards for existing apartments FNMA and FHA RATES Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Kendall Contacts
Or the standards for existing apartments FNMA and FHA RATES Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Thursday, October 17, 2013
Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity
Hopefully they will return from vacation refreshed and ready to get America back to bidness
Apartment Loan Rates Link
Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity
Hopefully they will return from vacation refreshed and ready to get America back to bidness
Apartment Loan Rates Link
Tuesday, September 24, 2013
Wednesday, September 18, 2013
FED does nothing to counter Do Nothing Congress on Ecomony $85 billion bond buying will continue FHA FNMA Apartment loan RATE GO DOWN!!!
May not slow down until well below 6.5% unemployment if inflation stays low
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
Tuesday, September 10, 2013
Apartment Lender Rates FHA 223F FNMA up way up
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
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