Commercial Mortgage Rates: Why They’re Higher Than Residential
Commercial mortgage rates almost always sit higher than residential rates, and it's not just banks looking for extra profit. This article breaks down exactly why lenders charge more for office buildings than houses. You'll learn what influences these rates, how commercial loans differ from home mortgages, and what you can do if you’re getting a commercial loan yourself. For anyone eyeing an office, retail space, or apartment building, understanding this stuff can save a lot of money (and headaches) down the line.
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