10-Year Treasury Yields Up 5 Bps Since the Beginning of December

The loan of the week for January 8, 2014 is a cash-out refinance for a 11-unit multifamily in Berkeley, California. The $1,300,000 loan is fixed for 5 years at 3.711% with a 3-year step-down prepayment penalty of 3%, 2%, 1%, then 0%. For more information, click here.

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