CapLease, Wells Fargo extend credit agreement

CapLease said Monday it has extended its credit agreement with Wells Fargo Bank until July 2013. The $140m secured revolving credit facility provides more than $40m to finance new acquisitions, the locally based REIT says in a release. CapLease’s amended credit facility with Wells Fargo posts the interest rate at Libor plus 275 basis points.

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UWM now offering 15-year fixed mortgage rates as low as 1.875%

United Wholesale Mortgage announced Friday that it is rolling out a new loan program that offers borrowers an interest rate as low as 1.875% for both purchase mortgages and refinances.

Jul 31, 2020 By
3d rendering of a row of luxury townhouses along a street

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