We have considerable investments in the US. Will falling interest rates help the commercial US real estate markets this year?
We have considerable investments in the US. Will falling interest rates help the commercial US real estate markets this year?
HUH? The US has increasing rates not falling rates! Based on Freddie Mac’s first Primary Mortgage Market Survey (PMMS) this week, the 30-year fixed-rate mortgage (FRM) averaged 6.91 percent as of January 2, 2025 (as of last week it went to 7.12%). A year ago at this time, the 30-year FRM averaged 6.62 percent. The 15-year FRM averaged 6.13 percent. A year ago at this time, the 15-year FRM averaged 5.89 percent.