Multi-housing news reported in October that financing conditions are not expected to change dramatically as a result of the government takeover of Freddie Mac and Fannie Mae -- at least for now.
Marcia Upton, President of Banker's Mutual reported today that reasonable interest rates ranging from 5.97% to 7% are still available depending on the loan program and things such as loan to value ratio.
Thursday, October 30, 2008
Terms are tougher, but Multifamily Financing conditions expected to remain stable
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