Market Update Blog

August 5, 2015

We’ve seen a number of significant developments throughout this economic cycle. As the loan market has become increasingly liquid, interest only loans have become more prevalent. We’ve received a major uptick in the amount of inquiries about these kinds of…

July 30, 2015

Insurance companies have seen a pickup in loan demand over the past couple of months. The activity is being driven partly by borrowers looking to lock in long-term mortgages before an anticipated increase in interest rates. “It feels like folks…

July 22, 2015

It is still unclear when the Federal Reserve will begin to raise short term interest rates. Even less apparent is what impact a rise in rates will do to the markets. Looking back to the first week of January 2015,…

July 15, 2015

Janet L. Yellen, the Federal Reserve chairwoman, said that she expects the Fed to raise its benchmark interest rate this year as the domestic economy continued to gain strength. “Based on my outlook, I expect that it will be appropriate…

July 7, 2015

Opinion Letters are like estoppel certificates issued by the borrower’s attorney regarding the borrowing entity and the loan documents. Borrowers may have an opportunity at the loan application stage to negotiate the reduction or elimination of an opinion letter and…

July 1, 2015

The Mortgage Bankers Association (MBA) has just released its First Quarter 2015 Commercial/Multifamily DataBook. Q1 of this year has been marked by continued signs of economic strength. Commercial real estate markets saw strong property sales and mortgage originations activity as…