Posted on June 26th, 2008 by justin
As housing prices and building values continue to plummet, the commercial mortgage market is still sliding downward. Although experts had hoped that the property value drop would not affect commercial mortgage holders, it does appear to be affecting many different sectors. The only commercial mortgage holders that are hanging on right now appear to be […]
Posted on June 19th, 2008 by justin
Although many had hoped that the commercial mortgage market would be able to turn around, it appears as though more foreclosure are taking place. Right now, the commercial mortgage market is almost as bad off as the housing market and it appears as though the problems will continue. The commercial mortgage market has been hit […]
Posted on June 13th, 2008 by justin
As home values in the residential markets continue to fall, commercial mortgages are also being affected. It appears as though the amount of new approvals for commercial mortgages is down and rates are now higher than ever. Commercial mortgages are also being affected by the economic downturn and values for these properties are starting to […]