The following are 3rd quarter market trends that have been identified by Barry Slatt Mortgage. Interest rates for long-term fixed-rate loans continue to remain low. While adjustable rate loans based on U.S. Prime and LIBOR continue to adjust upward as…
The 10-year benchmark US Treasury (US10Y) closed today at 2.83%. July has presented us with the most stable month-to-date of 2018. Ranging between a low of 2.81% and a high of 2.87%, the US10Y looks to close out a second…
The level of commercial/multi-family mortgage debt outstanding increased by $44.3 billion in the first quarter of 2018 as all four major investor groups increased their holdings. That is a 1.4 percent increase over the fourth quarter of 2017, according to…
The 10-year benchmark US Treasury (US10Y) closed today at 2.94%. While the rate still sits below the year’s high of 3.12% set back on May 17th, it has climbed modestly throughout the month of June after closing out May at…
With many investors focusing on the multi-family market as their favorite real estate asset class, it is essential to understand where multi-family properties fit in today’s dynamic capital markets. The following is a summary of how the major lender classifications…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our correspondent bank products: Loan amounts range from $1,000,000 – $30,000,000 Lends nationally in major markets Offers variable rate loans, and can offer fixed…
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