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Mortgage Market now affecting Commercial Deals

Aloha Everyone,

According to this article in the Washington post, the volatility in the Lending arena is now affecting the prices of commercial properties. I'm sure it doesn't help that interest rates have gone up as well.

http://www.washingtonpost.com/wp-dyn/content/article/2007/08/12/AR2007081200806.html

Pete

Posted by Pete Castillejos - Hawaii Mortgage Loan and Refinance on 08/13/2007 01:04 AM

Comments (3)

mortgage loans, commercial real estate

3 Comments on Mortgage Market now affecting Commercial Deals

AUG

2007

It will be interesting to see how the Feds plugging in some money will effect the lending industry.

It seems like it is going to get worse before it gets better. Several Alt-A lenders are closing the doors and filing for bankruptcy, as well.

Randy, Derrick- Thanks for your comments. Looks like lending will go back to how it was before all the creative financing. I, personally, feel it's makes everyone more honest and will truly give loans to people who can afford them.

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Mortgage Market now affecting Commercial Deals

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