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» Trends in Commercial Property Investments
Posted on 6/25/2005
Posted in Miscellaneous
5Over the past quarter, commercial property investments have increased in the US. Non-conforming loan requests have also increased as local and national banks continue to tighten reigns on commercial money lending criteria. The result is a boon for real estate backed lenders and investors in mortgage backed securities.
While hard money lending rates have increased since this month last year, a 'hold' promised by Mr. Greenspan in mid-June on the prime rate is a fair indicator that hard money loan rates will hold steady over the next few months. While hard money can be significantly more expensive than conventional loans, they keep the wheels of commerce turning when conventional financing is not an option.
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