Economy

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

At least, that seems to be true of the 2-year. But the 10-year is more important to CRE.

The economy is expected to end the year with more than 2 million new jobs.

With the election over, the dynamics are different, the deadline is December 20th, and there’s no deal in place although lawmakers say they expect one.

Construction costs remain high.

For many borrowers, volatility has been more challenging to manage than high interest rates. Next year, stability is likely.

The big issues for them are tax and deregulation, geopolitics, trade, and economics

The details suggest a 25-basis-point cut is still in December’s cards.