publication date: Feb 14, 2012
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author/source: Wes Boatwright
An industry survey indicated that borrowers and lender expect mortgage
rates to rise .6 to 0.7 bps in 2012. Jones Lang LaSalle's Wes Boatwright
doesn't expect rates to rise this year but he does see borrowers facing
an environment where commercial banks will continue to use recourse
loans. On the upside, he says there should be a stronger level of
capital availability this year.
An industry survey indicated that borrowers and lender expect mortgage rates to rise .6 to 0.7 bps in 2012. Jones Lang LaSalle's Wes Boatwright doesn't expect rates to rise this year but he does see borrowers facing an environment where commercial banks will continue to use recourse loans. On the upside, he says there should be a stronger level of capital availability this year.
