#refinancing

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#interest-rates

Best mortgage lenders

Rate Mortgage is a top choice for its flexibility and fast approval processes, making it ideal for various borrowers.

Are you prepared to respond as borrower demand shifts?

The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.

The Top 10 States Looking To Refinance-for Lower Rates, HELOCs, and Other Reasons

Homeowners are actively refinancing or tapping into equity due to lower interest rates and higher home valuations.

If These 5 Things Are True, It's Time to Refinance Your House

Refinancing can provide extra funds, but careful consideration of costs and goals is crucial.

Mortgage applications rise to highest level since July 2022

Mortgage applications hit a two-year high due to an 11% increase, driven mainly by refinancing amid declining mortgage rates.

Should You Refinance Your Mortgage After the Fed's Interest Rate Cut?

Homeowners should consider refinancing now that mortgage rates have dropped below previous highs, especially in light of potential future Fed actions.

Best mortgage lenders

Rate Mortgage is a top choice for its flexibility and fast approval processes, making it ideal for various borrowers.

Are you prepared to respond as borrower demand shifts?

The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.

The Top 10 States Looking To Refinance-for Lower Rates, HELOCs, and Other Reasons

Homeowners are actively refinancing or tapping into equity due to lower interest rates and higher home valuations.

If These 5 Things Are True, It's Time to Refinance Your House

Refinancing can provide extra funds, but careful consideration of costs and goals is crucial.

Mortgage applications rise to highest level since July 2022

Mortgage applications hit a two-year high due to an 11% increase, driven mainly by refinancing amid declining mortgage rates.

Should You Refinance Your Mortgage After the Fed's Interest Rate Cut?

Homeowners should consider refinancing now that mortgage rates have dropped below previous highs, especially in light of potential future Fed actions.
moreinterest-rates
#mortgage-rates

Rithm expects normalized' refi levels to return after Q3 spike

Rithm Capital reports a 58% rise in refinancing, influenced by a Federal Reserve rate cut, but anticipates a market normalization ahead.

That refi mini boom appears all but dead as mortgage rates surge

Mortgage demand declines due to rising mortgage rates, particularly affecting refinancing applications.
Future housing demand may come from younger buyers despite current refinancing struggles.

Mortgage applications nosedive 17%

Mortgage applications dropped 17% due to rising rates, marking a significant shift in borrowing behavior.

Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August

Mortgage interest rates have sharply increased, reducing demand among homebuyers and homeowners.

Billions of dollars in potential refinancing savings lost as mortgage rates climb

Mortgage rates are increasing due to changing expectations of Federal Reserve actions, despite a stable economy.

Experts say this 'magic mortgage rate' will unlock the housing market

Mortgage rates increased back to 6.62%, impacting refinancing interest.
The 'magic mortgage rate' to increase sales is below 5.5%.
Homeowners are reluctant to sell at current mortgage rates.

Rithm expects normalized' refi levels to return after Q3 spike

Rithm Capital reports a 58% rise in refinancing, influenced by a Federal Reserve rate cut, but anticipates a market normalization ahead.

That refi mini boom appears all but dead as mortgage rates surge

Mortgage demand declines due to rising mortgage rates, particularly affecting refinancing applications.
Future housing demand may come from younger buyers despite current refinancing struggles.

Mortgage applications nosedive 17%

Mortgage applications dropped 17% due to rising rates, marking a significant shift in borrowing behavior.

Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August

Mortgage interest rates have sharply increased, reducing demand among homebuyers and homeowners.

Billions of dollars in potential refinancing savings lost as mortgage rates climb

Mortgage rates are increasing due to changing expectations of Federal Reserve actions, despite a stable economy.

Experts say this 'magic mortgage rate' will unlock the housing market

Mortgage rates increased back to 6.62%, impacting refinancing interest.
The 'magic mortgage rate' to increase sales is below 5.5%.
Homeowners are reluctant to sell at current mortgage rates.
moremortgage-rates

We bought a new car with a 10% interest loan, and now finances are tight - are we stuck?

Rachel and Mike's financial strain highlights the importance of re-evaluating large purchases and options like refinancing or downsizing.

EPO fees are back. How mortgage lenders can avoid them

EPO penalties pose significant financial challenges for mortgage lenders, affecting commissions and profits, especially for smaller companies.
#commercial-real-estate

Related bags $380M Bronx Terminal Market refi

Related Companies refinanced Bronx Terminal Market with a $380 million deal, replacing a previous nonperforming loan.
The property's 90% lease rate and investment-grade tenants indicate strong market performance.

Tishman Speyer lands $301M refi on historic Macy's building in Downtown Brooklyn

Tishman Speyer secured a $301 million refinancing deal to continue its redevelopment of the historic Macy's building in Downtown Brooklyn.
from therealdeal.com
7 months ago

Lincoln Property Lands $65M Refi of West LA Office Campus

Lincoln Property secures a $65 million loan to refinance Wateridge campus in Ladera Heights.
The property includes office buildings, tenants like Kaiser Health Foundation, and mixed-use facilities such as a gym and retail center.
from therealdeal.com
9 months ago

$21B in CMBS Loans Will Come Due Across LA, OC in 2024

$21 billion worth of debt backed by L.A. and O.C. properties will mature in 2024
Nearly 60% of the CMBS and CLO loans coming due this year are in special servicing or watchlisted
from therealdeal.com
9 months ago

Craig Realty Scores Refinance for San Clemente Outlet Mall

Craig Realty has refinanced the Outlets at San Clemente in Orange County with loans from Pacific Life Insurance and MetLife.
Insurance firms have remained active in commercial real estate lending, while banks have pulled back due to concerns around existing exposure.

Related bags $380M Bronx Terminal Market refi

Related Companies refinanced Bronx Terminal Market with a $380 million deal, replacing a previous nonperforming loan.
The property's 90% lease rate and investment-grade tenants indicate strong market performance.

Tishman Speyer lands $301M refi on historic Macy's building in Downtown Brooklyn

Tishman Speyer secured a $301 million refinancing deal to continue its redevelopment of the historic Macy's building in Downtown Brooklyn.

Lincoln Property Lands $65M Refi of West LA Office Campus

Lincoln Property secures a $65 million loan to refinance Wateridge campus in Ladera Heights.
The property includes office buildings, tenants like Kaiser Health Foundation, and mixed-use facilities such as a gym and retail center.

$21B in CMBS Loans Will Come Due Across LA, OC in 2024

$21 billion worth of debt backed by L.A. and O.C. properties will mature in 2024
Nearly 60% of the CMBS and CLO loans coming due this year are in special servicing or watchlisted

Craig Realty Scores Refinance for San Clemente Outlet Mall

Craig Realty has refinanced the Outlets at San Clemente in Orange County with loans from Pacific Life Insurance and MetLife.
Insurance firms have remained active in commercial real estate lending, while banks have pulled back due to concerns around existing exposure.
morecommercial-real-estate

Reverse mortgage volume and HMBS issuance improve in April

Refi volume dropped 3.4% due to higher rates, but some top lenders saw gains. RMI President Lunde advocates cautious optimism, citing steady gains and focus on H4P niche.

Cumulus Q1: Digital up. Total revenue down. "Considerable runway." - RAIN News

Refinanced capital structure with favorable terms, resulting in reduced debt, lower interest rates, and increased asset-based lending.
Focused on digital growth, accelerating digital marketing services to increase revenue while facing challenges in overall revenue and specific categories.

Pacific Equity Scores $135M Loan on Malibu Retail Project

Pacific Equity Partners secured $135 million loan to refinance Cross Creek Ranch in Malibu.
The property includes 60% retail and 40% office space, valued at over $1,200 per square foot.

U.S. 30-year mortgage rate drops below 7%, spurring home purchases

US mortgage rates below 7% for the first time in a month, boosting home purchase applications.
30-year fixed mortgage rate drops 18 basis points to 6.84%, the biggest decline in three months.
#loan

Developer Panku Scores $82M Refinance on Irvine Apartments

Real estate firm Panku has refinanced an apartment complex in Irvine with an $82 million loan from Western & Southern Life Assurance.
The loan was used to pay off outstanding debt and reimburse cost overruns for the project.
Insurance companies are becoming one of the few lenders willing to provide debt for multifamily projects.

CalSTRS scores $70M Refinance on West LA Office Building

The California State Teachers' Retirement System (CalSTRS) has received a $70 million loan to refinance its office building on Wilshire Boulevard.
Wells Fargo Bank provided the senior mortgage, and $51.5 million of the loan will be included in a commercial mortgage-backed securities (CMBS) deal.

Developer Panku Scores $82M Refinance on Irvine Apartments

Real estate firm Panku has refinanced an apartment complex in Irvine with an $82 million loan from Western & Southern Life Assurance.
The loan was used to pay off outstanding debt and reimburse cost overruns for the project.
Insurance companies are becoming one of the few lenders willing to provide debt for multifamily projects.

CalSTRS scores $70M Refinance on West LA Office Building

The California State Teachers' Retirement System (CalSTRS) has received a $70 million loan to refinance its office building on Wilshire Boulevard.
Wells Fargo Bank provided the senior mortgage, and $51.5 million of the loan will be included in a commercial mortgage-backed securities (CMBS) deal.
moreloan

Mall Owner Macerich Posts 3,600% Profit Jump in Q4

Macerich reported a net income of $62.2 million in Q4 of 2023, a significant increase from the previous year.
Macerich closed refinancing deals on some of its debt and had a high occupancy rate in its portfolio at the end of 2023.

Fintech's Leap Forward: Revolutionizing Student Financial Management

Fintech revolutionizes student loan refinancing
Fintech provides customized banking experiences for students

Coretrust Capital's Pasadena Office Campus Goes to Auction

Coretrust Capital Partners will see its 640,000-square-foot office campus in Pasadena go to auction after defaulting on a $271 million loan.
The auction was initiated by Heitman, the lender based in Chicago, and is scheduled for December 20th.
The sale of the property will go towards paying off debts secured by its deed of trust.

For Homeowners With Adjustable-Rate Mortgages, the Clock Is Ticking: Here's What To Do

Homebuyers with adjustable-rate mortgages from 2019 are facing challenges due to high interest rates, needing to navigate potential rate increases strategically.

Brookfield Properties, Partner Refinance Victoria Gardens Mall

Brookfield Properties and Queensland Investment Corporation are refinancing part of Victoria Gardens mall, showcasing strategic financial maneuvers amid challenges in retail sector.
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