TCR Newsletter July 2013

July Financing Market Commentary By Scott Taccati Remember the popular 60’s song Spinning Wheels? What goes up, must come down was the lyrics I recall. Unfortunately, that has not been the case in June. After the Fed Chairman spoke in mid-June hinting about the...

TCR Newsletter June 2013

Financing Market Commentary By Scott Taccati Wild swings of interest rates, spreads and Multifamily Mortgage-Backed security pricing took place in May. We had seen the GNMA securities price at levels that yielded rates just below 3% in the month of May with spreads...

TCR Newsletter April 2013

Financing Market Commentary By Scott Taccati Current pricing for multifamily mortgage-backed securities indicates demand has fallen off significantly this year when compared to the exuberance that was prevalent in last year’s market for these securities. Spreads have...