Mortgage Banking

Making sense of commercial real estate finance.

Quick Economic Recap

Posted by Jordan Crouch on March 3, 2008

Wow! Monday is almost gone. Where did today go? Here are quick few economic observations.

  •  Spreads on commercial loans are continuing to widen: Conduits are in the 400 basis points range, Fannie and Freddie are in the low to mid 200s and life insurance companies are in the mid to high 200s.
  •  The Federal Reserve (basically) announced last week that they will lower the Fed Funds rate at their meeting March 18.
  •  The dollar is getting weaker, the price of oil is rising and the stock market is declining on. Are there still doubts we are in a recession?
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