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…
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…
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…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Insurance Company correspondent lenders in the market. Loan amounts range from $2,000,000 – $30,000,000 Nationwide lending platform with a preference towards large…
The following are 1st quarter market trends that have been identified by Barry Slatt Mortgage. Interest rates for long-term fixed-rate loans have decreased since the end of 2018. While adjustable rate loans based on U.S. Prime and LIBOR are higher…
I have the same conversation about three times a week about CRE loans. “The buyer wants an 80% LTV loan with zero prepay, non-recourse.” “They NEED max cash-out, but they absolutely will not guaranty the loan.” “Get me the absolute…
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