Staying informed on multifamily mortgage rates is essential for real estate investors. As of September 2024, rates have notably adjusted: Bank Rates for 5-year terms decreased to 6.80%, Agency Rates fell to 5.12%, Agency SBL Rates rose to 5.89%, and CMBS Rates dropped to 6.62%. These changes may impact financing strategies.
Tag Archives: Real estate investing
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A common question we receive from our investors is what do properties marketed as Class A, Class B, and Class C mean, and why does it matter?