Apartment Loan Rate Stays Below 5% For 10th Week

The apartment investment loan we tract (see below for details) clocked in at 4.861% this week making it the 10th week in a row below 5%. Meanwhile the spread between it and the benchmark 10 year Treasury (T10) held in the 210 -220 basis point range over the last six weeks.  The T10 itself had been in the 2.7% range over the last month but dipped to 2.65% this week:

Apartment Building Investment Loan Rate vs Ten Year Treasury Rate April 2014

Speaking of the spread between the T10 and the ten year apartment loan rate, now that Continue reading Apartment Loan Rate Stays Below 5% For 10th Week