Home mortgage lenders becoming more optimistic

Commercial Mortgage Alert reports:

Lenders are feeling better about their prospects than they have for years -- but they're not ready to break out the champagne just yet.

or the first time since the market crash, positive signs abound. Commercial real estate prices seem to be stabilizing. Property sales are picking up. Interest rates remain near rock-bottom lows. And the securitization market is finally starting to revive.

Against that backdrop, lenders are cautiously optimistic. Insurance companies are increasing their mortgage allocations. And securitization pros expect commercial MBS issuance in the U.S. to triple this year, to $39 billion 

 

 

Filed under: Real Estate

Tags: mortgages, real estate, sales

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