Mortgage Banking

Making sense of commercial real estate finance.

Things to think about…

Posted by Jordan Crouch on December 3, 2007

Will there be another Fed Rate cute? A month ago everyone said not for the rest of the year. But comments made by Federal Reserve Officials are leading people to wonder if there might be a rate cut soon. The Federal Reserve meets next week. We’ll find out then.

Look for the market to move (up or down) on Friday when the November employment report is released. The housing sector is facing a 20 year low while Treasury Secretary Henry Paulson is pushing for an interest rate freeze on subprime loans.

On the CMBS side of things, there is still $54B of unsold commercial mortgages still outstanding. The conduits are literally out of the market.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: