Stocks cratered, the dollar hit a more than two-year high and bond yields ripped higher after Fed Chairman Jerome Powell suggested that policymakers were not embarking on a new cycle of rate cutting, after it trimmed the fed funds rate by a quarter point Wednesday. Read more.
The loan of the week for July 18, 2019 features a purchase of a 5-unit multifamily property located in Walnut Creek, CA. The loan is fixed at 4.10% for 5 years, with a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly newsletter. Mr. Wright works…
The loan of the week for July 10, 2019 features a purchase of a 6-unit multifamily property located in Hayward, CA. The loan is fixed at 4.64% for 10 years + 5 year loan program, with a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly…
The loan of the week for June 19, 2019 features a purchase of a 28-unit multifamily property located in Antioch, CA. The loan is fixed at 5.37% for 5 years + 5 year loan program, with a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly…
The Fed won’t cut interest rates next week after CPI Report — but probably will in July, economists say. Read more.
The loan of the week for May 29, 2019 features a purchase of a Senior Care Facility in San Mateo, CA. The loan is fixed at 4.85% for 5 years + 5 year loan program, with a favorable step-down prepayment penalty . For more information on this and upcoming market movers, click here to read our…