Rates As Of May 2, 2023
Following the bank failures in March, many banks tightened lending standards, prompting Fed officials to suggest that this tightening may be sufficient to avoid further rate increases. While recent inflation reports have been encouraging, the Fed remains vigilant. Interest rate adjustments have put stress on bank balance sheets as the value of treasuries and MBS has decreased. Some lenders have temporarily halted lending, with others focusing on sponsorship strength.
As yields fluctuate, "current rates" quickly become obsolete. However, spreads remain applicable and fitting to deal characteristics. The experts at CommCap are here to help you understand goals and navigate the current market providing access to multiple lending sources, early rate-locks, cash out refinancing, and more.
As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.
We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.