Capital Markets

And the bigger the delinquency, the larger the perceived impact.

Fiscal policy will also have some bearing on the cost of capital.

But the Biden administration has only weeks left, so how much can get done?

That’s true whether year-to-date, quarter-to-date, or the week ending December 6.

Refinancing accounted for 46.8% of total applications.

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

That shouldn’t be a surprise. With the number of changes coursing through the economy and incoming policy yet to be implemented, they don’t know what will happen.

Many in finance and CRE assumed virtually all banks were crushed under the weight of commercial real estate loans that plunged in value. Maybe they were wrong.