Rates As Of October 4, 2022
The fourth quarter has arrived. Eighty-nine days left until the end of the year. That is right, only 89. Is there anything left in the tank? Or are all eyes on 2023?
After very briefly touching 4.00% in late September, the 10 Year Treasury kicked off the new quarter with a dip down to almost 3.50%. While the current drop provides a short term reprieve from higher borrowing rates, the recent spikes and, more importantly, volatility of the index bring little to no comfort to lenders and investors alike.
The experts at CommCap are here to help you understand goals and navigate the current market – locking in rates early, 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.