Mortgage Banking

Making sense of commercial real estate finance.

Weekly Rates

Posted by Jordan Crouch on January 7, 2008

For a holiday week, the economy moved quite a bit, mostly downward, last week. The employment and manufacturing reports were down while oil hit an all-time high of $100 per barrel. Anyone that traveled abroad knows the pain of our weak dollar. There is still concern about the economy slowing.

The commercial real estate market is trudging along, looking especially good in the Northwest. Most CMBS lenders are pricing themselves out of the market with Life Insurance Companies and the government agencies fighting for the deals out there. The Ten Year T-bill yield is still low keeping interest rates in the 6% range.

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