๐ Treasury Yield Updates
5-Yr UST Yield: 3.725% -> 3.727%
10-Yr UST Yield: 4.152% -> 4.136%
Why is this important?
- Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction.
๐ Industry Headline
โข Home Contract Cancellations: Buyers showed incredible resolve as cancellations continue to edge downward. Itโs important to find markets where deals are likely to close. ๐ What You Should Know (Opinion)
Financing Strategy Matters More Than Ever
Investors are getting creative with financing, including:
- Bridge loans
- DSCR loans
- Seller concessions
The structure of the deal can make a huge difference in profitability.