Interest Rate Report for December 10, 2024

Bonds lost a moderate amount of ground on Monday with 10 yr yields moving back above the levels seen before last Friday's jobs report.??As of this morning, the Ten Year Treasuries are at 4.23%.

Investors are looking ahead to fresh inflation data, which will be the major economic release this week. The consumer price index for November will be published on Wednesday.

Investors are really anticipating the CPI as it will be the last reading before the Federal Reserve’s Dec. 17-18 meeting - and it could influence interest rate decisions.

always, wherever rates go from here, please give us a chance to get you the very best conventional and Bridge financing programs for all your commercial RE needs, (i.e. Senior Debt, Preferred Equity, or Mezz debt).

And if you are buying or refinancing a commercial property and need to close fast, there are great options available, with some Bridge loan programs that can close within 2 weeks – 3 weeks! These programs even offer Capex money.

Please give us a call to see what rates and terms we can get for you.

Here is a snap shot of interest rates as of 12/10/24 and available LTVs:

Multi family –

·???????5.4% -6.75%

·???????75% - 80% LTV?

Industrial –?

·???????6.15% - 7.25%

·???????70% - 75% LTV?

Retail / Office –

?·???????6.75% - 7.8%

·???????65% - 70% LTV (75% LTV is possible with strong occupancy, strong tenants, densely populated areas and strong sponsors)

?Bridge -

?8% - 13% Interest Only (Stabilized and Construction)

Call to discuss your best options! If you would like to receive this communication direct to your inbox weekly, send me a quick email.

Bob Beckman

Senior Finance Director | Philadelphia Tri-State Region

[email protected]

Mobile: +1 215 850 3422

161 Washington Street, Suite 1040 | Conshohocken PA 19428 | USA

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