Saturday, April 9, 2011

NPR and Women Health funds saved in Last Minute Budget Deal


Last-Minute Deal Averts Shutdown http://on.wsj.com/h8N7n1 Budget cuts of $39 billion Dem held on to NPR and Women Health funds

Mr. Obama, speaking from the White House near midnight, said the two parties had worked together to produce "the largest annual spending cut in our history," and that "both sides had to make tough decisions. Mr. Obama turned the deal to his advantage by protecting Democratic priorities, such as medical funding for women's health programs, federal spending on education, environmental programs and NPR's car talk.

Friday, April 8, 2011

USA Countdown to Closure Rates Agency 10 year - 5.90% 7 yr FHA 223(f) 4.75%

Apartment Loans Commercial Mortgage Rates Agency 10 year - 5.90% 7 yr - 5.55% FHA 223(f) 4.75%Government Shut Down today Millions of military will be paid late, millions of others will forfeit pay or will be paid for not working.
Title 10 womens health de-funding only remaining issue both sides agreed to all fiscal issues including dramatic cuts to programs for poor and elderly the total is about $70 billion in cuts. 

Tuesday, April 5, 2011

Friday, April 1, 2011

Chicago Commercial Mortgage Apartment Rates April 1, 2011

Agency Multifamily Loan Rates 10 yr 5.80% - 7 yr 5.50%
Small Apartment Loan Chicago 5.95
FHA 223 (f) 5% $3 M and up 35 yrs

Banks 5-6% 5 years
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