Financing Market VOLATILE; FLOORS EVERYWHERE

Financing Market VOLATILE; FLOORS EVERYWHERE

The chart above represents the 10-year Treasury for the last 90 days.  The corona virus has essentially created a serious shock to all markets.  The reality is at it relates to commercial real estate lending rates, generally have floors.  Only HUD loans...
INCREASING COSTS ON NEW ACQUISITIONS

INCREASING COSTS ON NEW ACQUISITIONS

TCR was recently interviewed by the industry recognized Crittenden publication for multifamily housing finance outlook. Primary concerns were new acquisitions where real estate taxes and insurance costs increasing from historical levels. Our interest rate outlook was...

FNMA Freddie Mac Update

NEW FNMA AND FREDDIE MAC BUDGETS WILL RESULT IN LOWER SPREADS/RATES STARTING IN OCTOBERAs we have reported the FNMA/Freddie Mac spreads have been way out of whack and WIDE for the last few months.  The new budget announcements starting next month will likely...
Rate Update on Bond Program

Rate Update on Bond Program

This funding Program is not Agency Debt.  This bond program allows for Insurance Level Rates with more leverage.  Current Rate Levels Below.  6-, 9- and 12-Month Forwards available. Fixed Rate (10 years): Below is a general guideline of lower rates...