Mortgage Banking

Making sense of commercial real estate finance.

Surprise Surprise

Posted by Jordan Crouch on February 4, 2008

-Not surprising anyone, the Federal Reserve lowered the Fed Funds rate for the second time in two weeks. It is currently at 3%.

-Microsoft surprises the world by offering to buy Yahoo for $45B last Friday. Google denounced the deal immediately.

-The major market indexes continue to roller coaster on the threat of an economic recession.

-Commercial Real Estate Lenders are as cautious as ever, though most are still doing loans.

Rates:

TODAY

Last Mth

Last Year

5 Yr T-Bill:

2.77 %

3.19%

4.82%

10 Yr T-Bill:

3.65%

4.38%

4.82%

LIBOR-30 Day

3.18%

4.51%

5.32%

Advertisements

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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 )

Google+ photo

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

Connecting to %s

 
%d bloggers like this: