Market Update Blog

July 19, 2013

After several weeks of volatility, it appears as if the market has leveled out. The 10-year Treasury, which peaked at 2.7% two weeks ago, has settled in the 2.49-2.55% range. After being beat on rates by CMBS shops earlier this…

July 10, 2013

Interest rates have risen at an alarming pace over the past month. We all knew a rate increase was inevitable, but no one expected it on this kind of scale. In the last six weeks US treasuries have jumped 115…

President Daniel Friedeberg and Executive Director Jordan Angel discuss how lenders are handling rate locks after Bernanke’s Treasury announcements in June sent markets reeling. How far out are lenders currently willing to commit to interest rates? Click here to see…

July 2, 2013

Last week was the Thrivent Financial for Lutherans conference in Brainerd, Minn. There was no shortage of discussion about the recent market volatility. In response to the activity Thrivent has adjusted their rates upward, but not on a point by…

June 26, 2013

The standard response from most shops amidst all of the recent market flux is a tired tagline about locking in historically low interest rates before they move dramatically to the upside. We’re going to forgo the pitch and instead provide some…

June 21, 2013

Commercial MBS prices slid again this week amid volatility in the broader fixed-income market, causing headaches for dealers planning to price four offerings before the end of the quarter. One of those transactions, a $1.5 billion offering by Morgan Stanley,…