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Chicago based commercial real estate lending company Clopton Capital recently said that this year is the best time for individuals and companies to borrow with mortgage rates expected to drop.
Just last week, mortgage rates for 30-year fixed mortgages fell to 3.74 percent. Market experts expect vitality in the market this year. Global concerns such as market conditions in China have affected the markets, resulting to a dip in mortgage rates.
?These developments should be welcome news to buyers who are anxious in buying properties or refinancing their existing mortgage,? Clopton Capital said in a statement.
The firm said that commercial mortgage lending should also be affected by these developments.
Clopton Capital, one of the top commercial mortgage lenders in Chicago, offers one of the most competitive commercial mortgage rates.
?We offer commercial mortgages with rates and terms that are favorable to borrowers, and most of the time not available through local bank lending,? the company added in its statement.
Clopton Commercial said that it has established longstanding relationships with commercial mortgage lenders. ?Because of our diverse capital source network, we can give several options for any property. This favors our clients as they can opt for a customized financing solution that can increase the future returns of their properties.?
?Our commitment to clients is that we will provide them with a fast and honest response to any inquiry,? the company ended.
About Clopton Capital
Founded in 2010, Clopton Capital is one of the top commercial real estate financing firms in Chicago. It has an extensive network of capital sources such as local and national banks, life insurance companies, credit unions, and agency lenders. This enables Clopton Capital to offer diverse customized financing solutions to clients. For more information please visit www.cloptoncapital.com.
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