the-commercial-investor.com » » Interest Rates http://the-commercial-investor.com Commercial Property Investment for the Individual Investor Fri, 21 May 2010 17:41:51 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Money Under the Mattress … Ooops ! http://the-commercial-investor.com/money-under-the-mattress-ooops/ http://the-commercial-investor.com/money-under-the-mattress-ooops/#comments Fri, 12 Jun 2009 17:19:42 +0000 Dike Drummond http://the-commercial-investor.com/?p=251 An Israeli woman mistakenly threw out a mattress with $1 million inside, setting off a frantic search through tons of garbage at a number of landfill sites, Israeli media reported Wednesday.

Here is the full story !

]]> http://the-commercial-investor.com/money-under-the-mattress-ooops/feed/ 0 The ARM Time Bomb that Wasn’t ! http://the-commercial-investor.com/the-arm-time-bomb-that-wasnt/ http://the-commercial-investor.com/the-arm-time-bomb-that-wasnt/#comments Fri, 26 Dec 2008 21:46:00 +0000 Dike Drummond http://the-commercial-investor.com/?p=138 Remember in 2007 when we were told that the economy would collapse under the sheer amount of foreclosures that would occur when the Adjustable Rate Mortgage Tsunami hit in 2008. We all were holding our breath waiting for the “stuff” to hit the fan when everyone’s mortgage payment skyrocketed at rate adjustment time.

That was then … this is now … and we can all relax

Turns out that this darn Recession has driven interest rates so low that the ARM adjustments are going to result in LOWER payment.

John Mauldin wrote this in his latest post:

“The large majority of ARMs are linked to either 1-year LIBOR or 1-year Treasuries. We saw above that 1-year Treasuries are 0.39%, and 1-year LIBOR is 2.09. Both were at 4.5% in 2006. Those getting ready to reset in the near future are actually going to catch a break and see their payments go lower!

Fellow analyst Mish Shedlock writes that he has an interest-only mortgage tied to 1-month LIBOR, and his annual rate is going to drop to 1.75%.”

For those who are still in an ARM and current on payments, this should result in a signficant lowering of their monthly mortgage service payment and could potentially keep them in their homes. What influence this might have on the Federal Bailout and TARP are unclear … and …

Just thought you could use a bit of Good News! Happy Holidays.

]]> http://the-commercial-investor.com/the-arm-time-bomb-that-wasnt/feed/ 1 Commercial Property Market Update Interview with Monte Lee-Wen http://the-commercial-investor.com/commercial-property-market-update-interview-with-monte-lee-wen/ http://the-commercial-investor.com/commercial-property-market-update-interview-with-monte-lee-wen/#comments Fri, 07 Nov 2008 01:15:08 +0000 Dike Drummond http://the-commercial-investor.com/?p=89 Here is our latest interview with Monte Lee-Wen on the day after the elections with an update on the Commercial Property Markets as the Credit Crunch does its best to mellow out and start lending money again.

We cover …

  • How to get a loan in this market
  • Why Sellers are becoming more flexible and CAP Rates are rising
  • How to discuss an Owner Carry with the Seller … to get the deal done
  • Why we feel the Perfect Storm is brewing in Multifamily
  • Why we feel late first quarter or early second quarter of 2009 will produce a new burst of property sales on the Commercial Markets

To download the audio file to your computer RIGHT CLICK THIS LINK and select ”SAVE AS” and save it to your desktop

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