Commercial Mortgage Rate

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10/23/2008 News For:

Commercial Mortgage Rate

If your adjustable-rate mortgage is linked to LIBOR, brace yourself  The London Interbank Offered Rate, or LIBOR, sounds like one of those funny British idiosyncrasies, like warm beer or the royal family. But if you have an adjustable-rate mortgage or a student loan tied to the LIBOR, you will not be amused by what's been happening to this index in recent weeks.

Fitch Affirms Banc of America Commercial Mortgage Series 2002-2; Assigns Outlooks   NEW YORK----Fitch affirms Banc of America Commercial Mortgage Inc.'s commercial mortgage pass-through certificates, series 2002-2, and assigns Outlooks as follows:

Fitch Affirms GE Commercial Mortgage 2003-C2; Assigns Outlooks   NEW YORK----Fitch Ratings affirms and assigns Outlooks to GE Commercial Mortgage Corporation series 2003-C2 commercial mortgage pass-through certificates as follows:

Fitch Affirms TIAA Seasoned Comm?l Mortgage Trust 2007-C4  Fitch Ratings has affirmed and assigned Outlooks to TIAA Seasoned Commercial Mortgage Pass-Through

Mortgage Rates: Lock In or Float?  With the recent volatility in mortgage rates, it's difficult to know whether to sit tight or lock in a new rate when shopping for a new mortgage.

Fitch Affirms TIAA Seasoned Comm'l Mortgage Trust 2007-C4   NEW YORK----Fitch Ratings has affirmed and assigned Outlooks to TIAA Seasoned Commercial Mortgage Pass-Through Certificates, series 2007-C4, as follows:

Even in Resilient Seattle, Office Vacancy Rate Is Rising  Commercial real estate in the home of Washington Mutual, Starbucks and Boeing is taking a big hit in the economic slowdown.

Mortgage lenders 'pocketing cuts'  Consumer group Which? says most banks are not reducing their mortgage rates to reflect interest rate cuts.

Mortgage pain to 'hit one million'  A RECORD number of Australians are forecast to fall into mortgage stress despite interest rate cuts.

Which? urges bailed-out banks to pass on rate cuts   The consumer group Which? today called on the UK's bailed-out banks to pass on interest rate cuts to consumers. Following the multi-billion pound rescue package for failing UK banks , Which? has written to chancellor Alistair Darling demanding that those banks that received cash injections from British taxpayers pass on base rate changes to their mortgage customers immediately. ...