Major banks are tightening commercial real estate loans
Last updated on December 12th, 2017 at 02:46 am
by Kevin Maalizadeh · November 8, 2016
Last updated on December 12th, 2017 at 02:46 am
The Federal survey of senior loan officers of 69 U.S. banks, and 21 foreign banks found standards were tightened on all types of commercial real estate loans. Many banks have reported tightening standards for construction and land development, as well as loans secured by multifamily residential properties.
There is a chance Fed increases the interest rates faster than expected!
Read the article by Greg Robb here.
Source: Market Watch