The apartment building investment loan rate we track remains above 4.5% where it has been since the end of September, coming in at 4.64% as of yesterday. The spread between it and the benchmark 10 year Treasury (T10) has widened, but only by 4 basis points (bp) since last month’s report.
Speaking of the T10, a funny thing happened on the way to the forum this month; the curvature of Continue reading Apartment Loan Rate Holds Above 4.5%
