Market Update Blog

May 2, 2019

A credit rating is an opinion or classification of a debtor’s credit risk. It is the grade that indicates the likelihood that a business will default on its financial obligations. Large corporations that issue debt (corporate bonds) are rated by the…

April 11, 2019

Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive correspondent lenders in the market. Loan amounts range from $1,000,000 – $50,000,000 Nationwide lending platform with a preference towards large MSA’s Interest…

March 28, 2019

The 10 Year U.S. Treasury (US10Y) came up from the 2.37% it closed at yesterday to 2.39%, ending the 6-day slide. “Treasuries rallied after the Fed signaled it was done raising interest rates for the moment, driving yields on 10-year notes down…

March 21, 2019

The 10-year benchmark US Treasury (US10Y) closed today at 2.53%. Rates went down to 2.55% in early January before rising back up to a 2.60%-2.70% range for most of January, February, and March. The adjustment came on the heels of Federal…

March 14, 2019

The Barry Slatt Mortgage team attended last week’s annual ICSC Monterey Conference & Deal Making event in Monterey, California. The following are our top takeaways from this year’s event. Retail continues to be a highly sought-after asset type however the…