Multifamily Rate Update
An update on Multi-Family rates as of April 26 2012.
An update on Multi-Family rates as of April 26 2012.
One of the most important issues facing borrowers today is should they refinance their existing loans. Interest rates on new loans are near historic lows, no one wants to miss out on those low rates. However, with Commercial and Multifamily loans, the decision is somewhat complex because most of them have some sort of prepayment [...]
As someone who spends most of his time on Freddie Mac and Fannie Mae multifamily loans I am always getting asked about the future of Freddie and Fannie’s multifamily business. Usually I tell people I don’t know what will happen, but that it won’t happen for a few years. Its Congress that must make the decision and until after the election nothing substantive will happen. Also, the housing crisis is still so bad that the government can’t realy do anything with the agency lenders now.
FHFA Rethinks Fannie and Freddie, Brain Drain Worries Intensify Globe St. 2/23/12 Improving debt market conditions point to favorable outlook for 2012 Midwest Real Estate Journal 2/24/12 The Myth of the Instant Multifamily Development Boom Globe St. 2/20/12 Fasten Your Seat Belts – 2012 promises to take multifamily’s drivers on one hell of a ride [...]
Multifamily Market Commentary – January 2012 – Fannie Mae Continued Demand for Multifamily Expected in 2012 Multifamily Production Down from Previous Month, but Still Up Year-Over-Year – NAHB The Census Bureau’s preliminary estimate for starts in buildings with five or more apartments in December came in at 164,000 units Marcus & Millichap: Rental Market to Hit [...]