Fed to Continue Bond-Buying Program; 10-Year Treasury Yield Drops 0.16%

On Wednesday afternoon, the Fed announced plans to stick with its bond-buying strategy, which caused the S&P 500 to end the day at a record high and the 10-year Treasury yield to drop 0.16%. More Information

The loan of the week features a 6-unit multifamily building with brick foundation in San Francisco, California. The $1.04 million cash-out refinance is fixed for 5 years at 3.850% with a 5-year step-down prepayment penalty. Read More

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