10 Feb

Lenders Exercise More Caution on Multifamily Construction Loans

Lenders Exercise More Caution on Multifamily Construction Loans
Developers can still find financing to build new apartment properties, but lenders are becoming more cautious. “Banks are beginning to feel the squeeze,” says Robert Hodge, senior director with real estate services firm Marcus & Millichap Capital Corp …
National Real Estate Investor

Cheaper loans in store: SBI, Union Bank and IDBI slash lending rates
The State Bank of India (SBI), the country’s largest bank, on Sunday slashed its loan rates sharply by 0.90 percentage points across all tenure loans in one of the steepest cuts since the 2008 global economic crisis. After the move, the so-called …
Hindustan Times

Home energy upgrades get U.S.-backed loans
Many U.S. homeowners are now eligible for up to $ 25,000 in federally-insured loans to make energy-efficient upgrades such as adding insulation, sealing ducts or replacing windows, the Obama adminitration announced Thursday. Consumers with good credit …
USA Today

What Amazon’s Move Into Student Loans Could Mean for Borrowers
Update: Amazon and Wells Fargo ended their student loan partnership on Aug. 31, about a month after the agreement was announced. Here are the details. The news that Amazon, in partnership with Wells Fargo, has begun offering private student loans is a …
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