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Cracks in Real Estate Boom

$90 billion of commercial mortgages are reaching maturity and are exposing weakness in the U.S real estate market. Lenders are more particular about the properties they are willing to lend to now compared to pre-recession times. Overheated prices for properties, rising interest rates, and rising regulatory constrains for banks are the contributing factors for the lending pullback. Therefore, many properties with maturing mortgages will find it very difficult to refinance, leading to large losses in the market.

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