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  • Writer's pictureCommCap Advisors

Rate Update - November 1, 2023


 

#RateUpdate The Federal Reserve held steady on rates for a second-straight time at the conclusion of its November meeting. The 10-year Treasury touched 5.00% late in October, a level unseen since July 2007. The end of last month also presented strong economic indicators, such as higher-than-expected retail sales and lower jobless claims, revealing consumers' sustained spending and minimal slack in the job market. However, questions linger regarding the sustainability of these trends.


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.

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