Understanding Why Commercial Mortgage Rates Outweigh Residential Ones
The difference in mortgage rates between commercial and residential properties often puzzles many, particularly in the real estate and construction sectors. This article explores the reasons behind the higher interest rates for commercial mortgages compared to residential ones. Covering aspects such as risk evaluation, loan terms, market demands, and lender considerations, the piece aims to demystify this common financial quandary and offer insights into the intricacies involved.
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