Kevin Elliott’s Post

In today’s challenging interest rate environment, what’s the up- and downside of deciding to refinance, sell, or request a loan extension for your commercial real estate properties? Below we look at these different scenarios. For more in-depth analysis on this topic, read the full-length article penned by Josh Brock of our #CMBS team: https://lnkd.in/ggigEkrJ. You can also explore other videos in our #QuickLegalHits series here: 🎬  https://lnkd.in/gxZwayVT. #CommercialRealEstate #Lending #Mortage #PropertyOwners #RealEstate #CREF #LoanRelief #InterestRates #Banks #FinancialInstitutions #Workouts #PropertyOwners #Retail #ShoppingCenters #OfficeSpace #Leases

Markets are working in our favor……For now! Rates are down Russell, What’s the next move, do I purchase this property, do I Refinance this property? The most common questions I get. Watch the Video to hear my response! Cornerstone Capital of NY 👈👈 #MultifamilyFinancing #RetailFinancing #IndustrialFinancing

Are You Ready for the Coming Fed Rate Cuts ? Here’s How to Benefit. Lock in your funding now and prepare to refinance when rates drop. The Fed is about to cut rates—BIG TIME. Smart business owners know this, and they’re not sitting around waiting. They’re making moves, securing the best deals now, and planning to refinance when the rates drop. This is how you WIN, folks. You don’t wait for the crumbs; you take the whole cake. The rate cuts are coming, and you’ve got to ask yourself—are you going to be the one who waits and pays more ? Or are you going to be the savvy, sharp business leader who locks in the capital now and laughs all the way to the bank when you refinance next year? The choice is simple. But here’s the catch—you’ve got to act FAST. The winners are already making moves. Don’t be the one left behind when the rates drop. This is how you protect your business, this is how you GROW. Don’t miss out because you hesitated. Make the call, secure your funding, and be ready to refinance when the time is right. Your competitors won’t wait—neither should you. Let’s get it done. The time to act is NOW. #BusinessGrowth #FedRateCuts #WinningStrategy #SavvyBusinessOwner

Q3 metrics show a promising recovery trend with consistent overall volume. The dollar size per transaction has surged by 130% year over year, elevating the average quarterly deal size to $6.8M for all purchases and refinances. For those seeking further market insights, feel free to reach out. #cre #commercialrealestate #realestateinvesting #realestate #titleinsurance #titleandescrow #justclosed

Are rate buy-downs worth it? If you are considering a rate buy down you need to ask your lender these two very important questions. >Is it a permanent buy-down or temporary? >How long will it take to break even or recoup those funds? Pros: 1. Lower Monthly Payment- reduces monthly payments 2. Increased Affordability- could help qualify for a larger loan 3. Flexibility-temporary or permanent rate buydowns available Cons: 1. Upfront Costs- requires an upfront payment 2. Not Always Beneficial- it may not be cost-effective if you plan to sell or refinance before the break-even period 3. Market Dependency- The effectiveness can vary depending on the current market conditions and future interest rate trends If you are unsure, I can show you exactly what it would look like with and without a buy-down and how long it would take to recover those funds so you can make an educated decision on whether you think it would be worth it. https://lnkd.in/eW6XiRby Crystal Lackey- NMLS 1735979 (502) 615-0743

Tuesday’s bond market has opened well in positive territory as stock return from the long weekend in selling mode. The major stock indexes are showing sizable losses of 452 points in the Dow and 269 points in the Nasdaq. The bond market is currently up 18/32 (3.83%), which should improve this morning’s mortgage rates by approximately .125 - .250 of a discount point if compared to Friday’s early pricing. If you saw an intraday upward revision to rates Friday afternoon, you may see a larger improvement this morning. The U.S. markets were closed yesterday for the Labor Day holiday. This week’s mortgage-related calendar began with this morning’s release of the Institute for Supply Management’s (ISM) August manufacturing index at 10:00 AM ET. They announced a reading of 47.2 that was a little lower than the 47.7 that was predicted, but still an increase from July’s 46.8. The increase means more surveyed manufacturing executives felt business improved last month than did the previous month. However, the 47.2 is well within the range of predictions and likely not fueling this morning’s bond gains. It appears bonds are reacting more to early stock selling and weekend news from the Middle East than this economic headline. As a mortgage banking professional with over 30 years of experience in the mortgage lending industry, let me show you why 90 % of my new clients are referrals from my existing clients. Read the whole commentary at: https://lnkd.in/dfeEBFQD #mortgage #loans #loanofficer #realestate #realestatebroker #mortgagelender 

Yields Jump • Earnings Ahead • Mortgage Dividend Hike REIT Daily Recap: https://lnkd.in/e2YvJaDc Housing markets will remain the focus of the economic calendar in the week ahead. We'll see both major home sales reports this week, which will provide good insight into where the housing market stands after two years of abnormally tight monetary policy. On Wednesday, Existing Home Sales data is expected to show an annualized sales velocity of 3.9M in September - still hovering around three-decade lows, and considerably below the typical 5.0-5.5M range. On Thursday, we'll see New Home Sales data, which is expected to show sales activity at a 710k annualized sales pace in September - roughly flat from a year ago - as builders continue to contend with financing and affordability issues. On Thursday, we'll also be watching the weekly Jobless Claims report for indications of a further deterioration in employment trends. On Friday, we'll see the revised October Consumer Sentiment data from the University of Michigan, which unexpectedly dipped in the preliminary report earlier this month amid renewed concerns over inflation and the economy. REIT Academy & The Executive REIT Masterclass | The Daily REIT Beat Newsletter | Brad Thomas | #REITs #Dividends #Investing #Income #Yield #RealEstate #Housing #Stocks #Bonds #HighYield #DividendInvesting #IncomeInvesting #Diversification #Inflation #realassets #investment

It’s no mystery why transaction volume is low. CRE is a credit-intensive business, and as the cost of debt used to acquire properties has increased, buyers’ bpurchasing power has declined. Additionally, it’s still challenging to get a loan in this environment. Expensive, relatively scarce credit continues to weigh on the industry. And “higher for longer” interest rates is again back in the headlines, as the Fed currently lacks the economic ammunition to justify rate cuts. If rates stay high and credit tight, transaction volume won’t pick up until sellers, likely forced by their mortgage maturing, face the reality of the market-clearing price in today’s environment. Read the breakdown by Xander Snyder: https://lnkd.in/eUHRqS33 #firstam #firstamtitle #crexfactor #cre

Why settle for boring bank visits or retail lenders when you could have a fabulous broker like me by your side? Let's spice up your path to homeownership this season with personalized, budget-friendly, and efficient services. Say goodbye to the same old, same old and hello to a sizzling new way to buy your dream home! 🔥🏡 #HomeownershipGoals #BrokerMagic

I’m not someone who puts their life on hold while I wait for the government to figure sh*t out. Are you? Federal governor Waller announced yesterday that he wants to see several months of good inflation data before dropping rates. “Survive [high interest rates] till 2025” is now “survive till 2030.” And yet, last week, a couple brokers told me that their sellers are waiting to sell till rates drop. Why? Because they want a higher price for their property. Buyers don’t get it. Sellers will take their prices up as soon as rates fall. Buyers will be able to pay the seller more because they’re paying less interest to the bank. But that doesn’t mean buyers get a better deal, it just means that sellers make more money. As a buyer, your win is buying now. Then you can choose to sell OR to hold, refinance, and make more profit. When rates fall, you’ll have options. And a low basis. Lock up that low basis with properties that cash flow at today’s rates If you want to find those deals You want a Real Estate Investing Coach If you want to invest before the end of the year You want to sign up now Because we work together for 6 months Which gives us till Dec 1 to close on your next property… If we start next week. Otherwise you aren’t investing till 2025 Book your consult using 🔗 book an appointment at the top of this post I’ve opened 3 spots for Summer 2024 enrollment Is one of them yours?