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Already Low Commercial Real Estate Loan Rates Fall Even Lower
Already Low Commercial Real Estate Loan Rates Fall Even Lower
Commercial Loan Interest Rates Continue To Plummet As The Bond Markets Remain Weak. Right Now Is The Time To Secure A Low Fixed Interest Rate On Your Commercial Property.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 10, 2010 --
Commercial real estate loan interest rates continue to plummet, setting new record lows seemingly every day. Thanks to continued weakness in the Bonds market, it is now possible to secure a 5-year fixed interest rate on a commercial real estate property in the mid-5% bracket.
Leading Commercial Real Estate Lender Zions National Real Estate (a subsidiary of Zions Bank) recently published 5-year fixed rates as low as 5.5% (note: these loan are fully amortizing over 20 or 25 years, and adjust every five years - no balloons or calls), and variable rates as low as 4.5% (rates adjust quarterly).
However, it is not anticipated that commercial loan interest rates will remain in the mid-5% rate for long, so it is imperative that any interested current or future commercial real estate owners secure financing as soon as possible, before interest rates begin to climb.
For additional information on how you as a current or future commercial real estate owner can secure an interest rate as low as 5.5%, contact Chris Call, Vice President of Zions First National Bank (Zions National Real Estate Group), 801-844-8631; chris.call@zionsbank.com
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