#RateUpdate The new year is here. Now, the question is, what does it have in store? Signs of increase in volume from rate stagnation and decreases are beginning to appear. The 10-year Treasury closed 2022 at 3.88%. The rollercoaster of 2023 saw it fall to as low as 3.25% in April and rise past 5.00% in October. Yet, just like most thrilling rides, the yield ended the cycle right where it began, closing 2023 at 3.88%. Though rates are important, having a well articulated and defined debt plan matching your LONG-TERM investment plan is vital.
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.