Financing and Refinancing of commercial real estate.
What are commercial mortgage interest rates these days anyway for
commercial property in the USA? Now that we are in a new economy
especially with the availability of credit and commercial financial
products... How much money will one pay to finance or refinance
commercial real estate?
Commercial mortgage interest rates are affected by several factors
that one may or may not be able to adjust in order to receive the best
percentage.
Commercial mortgage interest rates come in two general types:
commercial fixed rates and commercial variable rates. These interest
rates are usually lower than those charged for other types of
unsecured business loan and the repayments are usually made over
a longer period, making the funding of the loan attractive to some
businesses.
The rates are quoted in various formats by different lenders within the
market making it difficult to accurately compare rates when searching
for the most beneficial package. Coverage of mortgage related
indicies, as well as fixed rate, adjustable rate, investor and
commercial mortgage interest rates.
A statewide survey of commercial and savings and loan banks was
conducted to derive a representative range of commercial mortgage
interest rates, loan to value ratios, and terms.