Delinquency rates on Commercial Mortgages steadily increased during 2007, according to recent reports from several different groups. According to Foresight Analytics, rates were:
4Q-07 - 1.7%
3Q-07 - 1.4%
2Q-07 - 1.1%
These rates are still very low and not a worry yet, but they are sure to head higher in 2008.
The Federal Reserve also reported a 1.94% delinquency rate in the fourth quarter of 2007.
Commercial Mortgage Delinquencies
Friday, February 1, 2008
Commercial Mortgage Delinquencies Head Up
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1 comment:
thats awesome news!
i shorted IYR and SPG last week.
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