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15% of Maturing CRE Loans May Struggle to Refinance

Borrowers with loans approaching maturity in the short term should prepare to refinance in a high-rate environment.

By Kristen Smithberg | December 09, 2024 at 09:48 AM

Lending markets should experience some relief from high financing costs if the Fed continues to cut interest rates over the next few months — but still, some could face difficulty in securing refinancing. Recent cuts are already spurring optimism in the residential market, with mortgage applications increasing 2.8% during the last week of November, according to data from the Mortgage Bankers Association.

Mortgage rates fell to their lowest level in over a month with the 30-year fixed rate decreasing to 6.69%, MBA said.

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Browse More Resources ›

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Browse More Resources ›

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

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