Double good News for owners and buyers A Major Lift for Fannie and Freddie and apartment interest rates fall sharply

Apartment loan Interest rates fall sharply this week
and the FHFA leader tries to calm housing and multifamily markets A Major Lift for Fannie and Freddie “Our overriding objective is to ensure that there is broad liquidity in the housing finance market and to do so in a way that is safe and sound,” Melvin L. Watt, the new head of the Federal Housing Finance Agency, said in a speech at the Brookings Institution in Washington.

Commercial Loan Wizard

Chicago-area commercial properties jumped in the first quarter to their highest level since 2008, fueled by rebounding rents and occupancies and a pickup in lending.

Investors plunked down more than $3 billion to acquire 192 apartment properties, retail centers, industrial buildings and hotels in the first quarter, up 59 percent from $1.9 billion in year-earlier period, according to New York-based research firm Real Capital Analytics Inc. It was the best first-quarter showing since the first three months of 2008, at the tail end of the last boom, when investors bought $3.9 billion in commercial real estate here.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Non Recourse Permanent Financing Apartment Loans Low Rates Still Hanging On FNMA 10yr from 4.35% tier III FHA 223 F 35 year fixed 4.35%

Need to fix it up or do some rehab - bridge loans for FHA and FNMA exits now available nationally for loans over $3 million Scott 847-903-7578

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Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

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Apartment permanent Loan Rates - FHA now 4.35% 35 years - New Bridge Loans for FNMA exit min. $1,500,000

Apartment Permanent Loan Rates

Kendall provides Long term fixed Rate Affordable Senior Housing Refinance in California and a market rate rental in Arizona

The property provides 46 units of affordable housing for seniors in a small rural town in California. The seniors rents are supplemented by Housing Assistance Payments from HUD.

The borrower fixed the rate for 16 years and paid off a balloon loan due on the property.

Arizona $2,000,000 market rate rental apartment purchase loan provided by Kendall Realty

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news RATES

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...

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

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.

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