The cost of insuring commercial real-estate loans against a rise in interest rates has exploded over the past year, raising the prospect of a market selloff
since many property owners will no longer be able to afford these hedges.
Nearly half of all commercial property debt is floating rate, according to a 2019 report by the Mortgage Bankers Association. Lenders usually require that these borrowers hedge against an increase in borrowing costs, through a derivatives contract known as an interest-rate cap that limits a borrower’s exposure to rising interest rates.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates – Economics Bitcoin NewsThe author of 'The Price of Tomorrow,' Jeff Booth, has warned about debt deflation if the Federal Reserve continues to hike interest rates. ratehikes Fed bitcoin
Read more »
Economy Week Ahead: U.S. Retail Sales, Home Sales and Inflation Abroad in FocusEconomy Week Ahead: New reports will gauge the health of the housing market amid higher interest rates
Read more »
Report: Arrest rates in San Diego County hit seven-year low in 2021However, arrests for weapons offenses, felony crimes and violent crimes were all up. Weapons offense arrests saw a double-digit jump, according to the SANDAG report
Read more »
Jakob Poeltl Drawing Lots Of Trade InterestJakob Poeltl Drawing Lots Of Trade Interest - RealGM Wiretap
Read more »
Postage prices rising again as inflation woes hits US Postal ServicePostage prices are rising — again — as inflation woes hit the US Postal Service's budget. Here's how much it will cost you.
Read more »
The Content Creator Exploring Her Interest in RopesSexDiaries: This week, a woman has a sleepover with her ex-boyfriend’s ex-best friend and gets to know a bunch of guys from Feeld
Read more »