FHA 221(d)(4) Construction Loans Market Rate Housing, Affordable Housing

FHA 221(d)(4) Construction Loans Market Rate Housing, Affordable Housing
Chicago and Evanston, Illinois
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    Monday, December 30, 2013

    Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013

    Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013 - CoStar Group

    Through the third quarter of this year, investment sales were up 27%,  according to CoStar COMPs data. Industrial investments were up 56% and  office up 27%; however, multifamily investments tapered off this year  and were actually down about 6%.




    Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time



    Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year


    Lending remains behind pre-recession levels

    Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.

    During that time frame, loans at banks with assets of less than $1 billion grew by $28.4 billion, or .7 percent annually, while loan balances for banks with more than $1 billion in assets decreased by $182.8 billion, or .4 percent.

    At the same time, total assets for all banks grew by nearly $1.3 trillion, or 1.9 percent.

    Much of that asset growth came from securities, or investments, that could pose a problem for banks in the future.
     More and more of those purchased securities are long-term [five years or longer], and they could be problematic as interest rates rise in the future.



    Friday, March 1, 2013

    How much should my insurance plan cost in 2014t?

    How much should my insurance plan cost in 2014t?


    HST Ranked #1 A nationwide team of optimists, problem solvers and medical advocates. We’re a passionate blend of resourcefulness, compassion and drive. We’re a crew of true believers. Scott Kendall Agent Health Savings Consultant 847-903-7578 skendall@aplanforeveryone.com We shop for you and if we can't save you money you pay nothing! Health Insurance - HRA's - great plans

    Commercial Mortgage - Apartment - Healthcare

    Commercial Mortgage