Apartment Loan Rate Falls To Nine Month Low of 4.743%

After spending just one week above its six month moving average the spread between the apartment investment loan rate we track and the 10 year Treasury (T10) fell to 2.143 with the apartment loan rate at a nine month low of 4.743%. Meanwhile the T10 bounced up to 2.8%, climbing 20bp in the past week:

Apartment Invesment Loan Rate vs. 10 year Treasury March 2014

Speaking of the spread between the T10 and the ten year apartment loan rate, now that we have more than a year’s worth of data Continue reading Apartment Loan Rate Falls To Nine Month Low of 4.743%