With treasury yields and the other indexes that make up the basis for many commercial real estate loans at recent lows, it’s time we have a chat about the rate lock. This seemingly simple concept is fraught with half-truths, mistaken expectations,…
With many investors focusing on multi-family properties 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 look…
Although there is no formal standard industry definition for what constitutes a “middle-market commercial loan”, many consider loans in the $1,000,000-$50,000,000 range to be included in the middle market space. Many lenders, brokers and mortgage bankers do not like the…
The 10-year benchmark US Treasury (US10Y) closed today at 2.026%. May and June saw the US10Y continue its 2019 decline all the way down to 1.94% on 7/5/2019. After a brief and subtle recovery back above the 2.00% mark, the…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance correspondent lenders in the market. Loan amounts range from $500,000 – $20,000,000 with a focus on $2,000,000 – $10,000,000 Nationwide…
The following are 2nd quarter 2019 market trends that have been identified by Barry Slatt Mortgage: Interest rates for long-term fixed-rate loans have decreased substantially since the end of 2018. While adjustable rate loans based on U.S. Prime and LIBOR…
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