• Commcap

April Rates

Updated: Jul 28

The combination of a $2 trillion stimulus package, increased capacity in all venues, rising tourism numbers, and improved consumer confidence is fueling hopes of an economic return. Even though hotel and retail are more difficult to finance, overall CRE mortgage activity remains steady. As treasury rates slowed their rapid climb, borrowers slowly accepted a higher rate environment and are moving forward with rate locks and applications.

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