- January 30, 2017
- Jacob Frydman
- Jacob Frydman, News
- CEO, Chairman, CNBC, Evolving Market, Jacob Frydman, Mortgage interest rates, National Housing Survey Contrary, Partners, REIT
Jacob Frydman On Recent Decrease in Mortgage Interest Rates. Many believed mortgage interest rates were either going to increase or stagnate this year, as noted by Fannie Mae’s 2016 National Housing Survey. Contrary to what was anticipated, mortgage rates actually decreased over the past several months to near all-time lows. Though this development has come as a shock to many, experienced real estate advisors such as Jacob Frydman, a New York-based developer and investor, have foretold of just such an occurrence being an expected possibility in the continuously evolving market.
A renowned expert on value added investments, Jacob Frydman has acquired over five million square feet of real estate – with transactions of up to $2 billion – during the course of his 30-year career. He has served as a CEO, Chairman, and CIO of First Capital Real Estate Trust, and a frequent guest lecturer at Columbia University. A Finance graduate of Boston University and Juris Doctor recipient of Case Western Reserve University School of Law, Frydman often participates as a speaker and panelist at numerous industry seminars and on Fox Business, CNBC, Bloomberg Television and other news media, where he speaks on matters relating to property investments and trends in real estate. Having retired from his role as a CEO of a public REIT in 2015, Frydman seeks out special situations where he can enhance a property’s value, which he undertakes alone or at times with partners.
Jacob Frydman – Huffington Post: http://www.huffingtonpost.com/author/jacob-frydman
Taal Volcano, Warnings of ‘Volcanic Tsunami’ After Eruption in Philippines Tens of thousands were evacuated and tremors were felt in nearby villages amid an eruption of the country’s second-most-active volcano, the Taal, near Manila.