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										News for May 1, 2009
					Stocks rising this week has triggered an increase in rates, though small so far. Keep an eye on the market in the week to come to determine if the rally can be sustained. If so, interest rates on mortgages could continue to rise. Remember: Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong economic news normally has the opposite result. Better than expected results from the financial companies have been a determining factor in the rally. Unfortunately, lending restrictions have not eased with their new found prosperity. Most are continuing to tighten restrictions rather than loosen. Commercial mortgages are the hardest hit. Fears of an upcoming commercial real estate down-turn unlike anything seen since the S & L crisis have the banks holding tight with regards to commercial property lending to even the most qualified borrowers. Many in need are having to rely on private mortgages or use other sources of capital. Well capitalized business owners and long term investors now have a rarely seen opportunity to obtain commercial property at price levels that may never be seen again. Those renewing leases may be able to significantly improve their situation due to the overwhelming supply of retail and commercial space available. Lock in those lease rates for as long as possible and request gross rates rather than triple net…!!! Those looking to take part in what is hoped will be a continued rally in the market, but are wary of losses similar to what they have sustained over the past year and in the 2000-2001 downturn have found security in indexed products. These innovative vehicles allow for capped or percentage market gains without the chance of loss associated with equities exposed to the market. We are always delighted to hear from you, so if you have any questions or concerns regarding your real estate, its financing, equity management or investing, please do not hesitate to call. .