Fed Minutes Show that Economic Conditions for Rate Hike are Approaching

08.19.2015

The loan of the week for August 19th features a 18-unit multifamily in Oakland, California. The $1.3 million loan was 75% loan-to-purchase-price, fixed for 5 years at 3.950%, and has a prepayment penalty for two years. For more information, please click here to read more....

10-Year Treasury Yield Drops to 2-Month Low Due to China’s Yuan Devaluation

08.12.2015

The loan of the week for August 12, 2015 features a 6-unit multifamily in Belmont, California. The $1.1 million rate and term refinance is fixed for five years at 3.200% and has a step-down prepayment penalty for four years. Click here to learn more....

Arranged 5-Year Fixed Financing for Oakland Mixed Use at 70% LTV

08.05.2015

The loan of the week for August 5, 2015 features a 6,795 square foot mixed use building in Oakland, California. The $840,000 loan is fixed for five years at 3.890% with a 30-year amortization schedule. It was 70% loan-to-purchase-price. For more information on this and upcoming market movers, you can read more here....