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Commercial Real Estate Loan Interest Rates At Record Lows!
Commercial Real Estate Loan Interest Rates At Record Lows!
Interest rates for commercial loans are near record lows. If you have considered purchasing a commercial building for your business, or as an investment, now's the time. Also, its time to refinance!
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 4, 2010 --
Commercial Loan Interest Rates have dropped dramatically in recent months, and are now at record lows, thanks to weakness in the bond markets. It is now possible to secure a Commercial Real Estate Loan with an interest rate as low as 5.95% , fixed for up to 5 years.
For "Owner Occupied" transaction (i.e. the owner or purchaser of the real estate also owns the business that will occupy the property) , under the SBA 504 loan program, blended rates as low as 5.50% are available.
Never before has financing for Commercial Real Estate been so available, and so affordable. Combining the low interest rates with the depressed commercial real estate markets means that RIGHT NOW is the time to buy commercial real estate.
With commercial real estate loan interest rates so low, now is also the time to refinance your existing loan on your building. Whether you have an SBA loan, or a conventional real estate loan, incredibly low interest rates are available for refinance.
For further details, contact Chris Call, a Vice President of the Zions Bank National Real Estate Group, at 801-844-8631, or email Chris at chris.call@zionsbank.com
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