FHA 223(f) Apartment Refinance Multifamily Finance
Thursday, January 16, 2014
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...: 847 903- 7578 Scott Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartmen...
Monday, December 30, 2013
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013
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.
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.
Thursday, October 17, 2013
Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)
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 10, 2013
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