Borrower Costs Likely To Stay Higher
The Fed has met market expectations with a hawkish pause, leaving the benchmark rate in the 5.25%-5.50% range. The Fed indicated one more hike this year and signaled what many had expected, “borrower costs will likely stay higher for longer after the one more hike this year.” 12 of the 19 officials favored another rate […]
Read MoreJackson Hole and A Future Toll?
Axiom President Chuck Cronin presents this article as a “worth the read” authored by his friend and great predictor of future rate and economic trends Gary Carmell – The Philosophical Investor. Fed Chairman Jay Powell spoke last Friday at the Jackson Hole conference for Central Bankers. He was pretty clear that the Fed would remain vigilant […]
Read MoreThe Direction of Interest Rates
The Direction of Interest Rates and Knowledge to Aid In Decision Making Written by: Chuck Cronin on 8/10/23 We get overloaded with information these days. If you have a loan maturing or have a need to finance commercial real estate today, there are many factors that must be considered. We tried to make it easy […]
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