The 10 year Treasury ended the week closing today at 2.64%. The benchmark for fixed rate loans has dropped approximately 20 basis points in the past week. The drop in yield was prompted by negative international economic news. Turkey’s central…
The Fed recently announced in December their intention to start tapering the bond buying program by reducing mortgage bond purchases from $85 Billion to $75 Billion. Many in the market were prepared for the decision, but none could truly predict…
Barry Slatt Mortgage President Dan Friedeberg discusses the role factors like prepayment penalties, yield maintenance, defeasance, and proper loan docs play amidst a liquid market with COO Michael Kaplan. What are the challenges and pitfalls borrowers should know about? Click…
How will the Fed’s recent decision impact commercial mortgages going forward? Are rates going to blow through current levels and stall the recovering commercial real estate market? The Fed announced they will start tapering their bond program in January by…
Barry Slatt Mortgage represents several prominent lenders on a correspondent basis, in addition to our wide breadth of open market lending resources. After significantly increasing their lending in 2013, most organizations seem poised for another banner year. The following is…
The LA commercial market is amidst a recovery, with some sectors and property types improving faster than others. While there are positive indicators in the industrial, retail and office markets, there remains a sense of cautious optimism given the uncertainty in the…
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