Rates

Provided By:

THE COST OF BORROWING

LOAN/INVESTMENT	TERM	CURRENT	5 WKS. AGO	6 MOS. AGO	REMARKS
Multi-family; becomes ARM after fixed ends; 1st TD	Fixed 5 yrs Fixed 10 yrs	4.35% 4.625%	4.50% 4.85%	3.70% 4.05%	Loan amts of $1 M+ 1.20 debt coverage ratio; 75% LTV;
Fannie Mae conforming (1 unit) 1st TD owner occ.	30 Yr fixed	4.875%	5.50%	3.19%	Rate based on ~ 1 point fee; 1unit: $647,200; 2: $828,700; 3: $1001,650; 4: $1,244,850;
Income Property ("A" Paper) 1st TD	5-10 Yr fixed	5 - 5.75%	5.125 - 5.875%	4.75 - 5.125%	$1,000,000 minimum
Income Property ("B" Paper) 1st TD	1-10 Yr ARM	7% - 7.50%	7.25% - 7.875%	6% - 7%	$200,000-$2,000,000
2-4 Unit Residential 1st TD non-owner occ.	30 Yr FIXED	6.125%	6.375%	3.99%	~ 1.25 point loan origination; 75% LTV purchase;
Apartments (5 units+) 1st TD	30 Yr ARM	5.43%	4.56%	3.06%	Based on current one year treasury + 2.35 margin
US Treasury Securities Yields	5 Yr 10 Yr 30 Yr	3.16% 2.99% 3.16%	3.45% 3.32% 3.31%	1.55% 1.76% 2.10%	As of 07/18/22 , 2 Yr Treas = 3.17%
Bank Prime Rate (Wall St Jrl)	Daily	4.75%	4.00%	3.25%	Last change 06-15-22 (up 75 basis points)
Federal Reserve Discount Rate	Daily	1.75%	1.00%	0.25%	Available to depository Institutions only
Federal Funds (effective rate)	Daily	1.59%	.83%	.08%	Overnight rate
FHLB 11th District Cost of Funds	Monthly Change	NA	NA	NA
Certificates of Deposit	1 month 6 months	NA NA	NA NA	NA NA	Rates in secondary market
Secured Overnight Financing Rate “SOFR”	30 day avg 90 day avg	1.01% .66%	.58% .33%	.05% .05%	Major corporate borrowers only
L.I.B.O.R.	1 month 6 month	2.12% 3.31%	1.28% 2.31%	.11% .44%	London Interbank Offered rate
Treasury Bills, Yield	3 month 6 month	2.29% 2.91%	1.60% 2.18%	.16% .32%	As of 07/18/22
Treasury Security Yield Adj/constant maturity	1year A) Current B) 12 mo avg	3.08% .86%	2.81% .64%	.53% .10%	As of 07/18/22 12 mo avg = 12 MAT
Money Market Funds (brokerage house)	Daily	.11%	.08%	.07%	Annualized yield
Checking Plus accounts (Banks & S&L's)	Daily	NA NA	NA NA	NA NA	Bank of America CitiBank
Gold (per ounce)	Daily	$1,710.20	$1828.41	$1,840.97	As of 07/18/22
Oil (WTI crude) per barrel	Daily	$102.60	$121.44	$83.63	As of 07/18/22
Dow Jones Industrial Avg	Daily	31,072.61	31,880.2	30,516.74	As of 07/18/22

Rates effective thru Fri, Jul 8, 2022 (unless otherwise designated)

Consumer Price Index (US consumers), Month of May 2022: Up 1.37%; last 12 months: Up 9.1% (296.311)

CURRENT INDEX RATES
5-Year Treasury		3.97%
7-Year Treasury		3.99%
10-Year Treasury		3.99%
30-Day Avg. SOFR		5.35%
Term SOFR		5.35%
Multifamily
FREDDIE MAC—CONVENTIONAL
TERM	LTV	DSCR	SPREAD	RATE*
15-Year	80%	1.25x	175-200	5.75%-6.00%
10-Year	55%	1.55x	145-155	5.45%-5.55%
10-Year	65%	1.35x	150-165	5.50%-5.65%
10-Year	80%	1.25x	160-185	5.60%-5.85%
7-Year	55%	1.55x	145-160	5.45%-5.60%
7-Year	65%	1.35x	150-170	5.50%-5.70%
7-Year	80%	1.25x	165-190	5.60%-5.85%
5-Year	75%	1.25x	160-185	5.55%-5.80%
10-Year ARM	80%	1.25x	220-245	7.55%-7.80%
FANNIE MAE—CONVENTIONAL
TERM	LTV	DSCR	SPREAD	RATE*
15-Year	65%	1.35x	155-220	5.55%-6.20%
10-Year	55%	1.55x	125-175	5.25%-5.75%
10-Year	65%	1.35x	120-195	5.20%-5.95%
10-Year	80%	1.25x	145-215	5.45%-6.15%
7-Year	55%	1.55x	120-175	5.20%-5.75%
7-Year	65%	1.35x	130-195	5.30%-5.95%
7-Year	80%	1.25x	150-225	5.50%-6.25%
5-Year	65%	1.25x	145-250	5.40%-6.45%
10-Year ARM	75%	1.00x	270-285	8.05%-8.20%
LIFE COMPANIES
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	25-30	65%-75%	185-220	5.80%-6.15%
10-Year	25-30	50%-65%	155-190	5.55%-5.90%
10-Year	25-30	65%-75%	185-220	5.85%-6.20%
15-Year	25-30	65%-75%	185-220	5.85%-6.20%
15-20 Year	Fully Amortizing	65%-75%	850-220	5.85%-6.20%
FHA—221( d ) CONSTRUCTION/PERMANENT
TERM	AMORTIZATION	LTV	DSCR	RATE*
40	40	85%	1.176x	5.90-6.20%
FHA—223( f ) REFINANCING
TERM	AMORTIZATION	LTV	DSCR	RATE*
35	35	85%	1.176x	5.45-5.75%
C M B S
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	30	65%-75%	335-395	7.15%-7.75%
10-Year	30	65%-75%	270-320	6.65%-7.15%
Commercial
LIFE COMPANIES
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	25-30	65%-75%	180-215	5.75%-6.10%
10-Year	25-30	50%-65%	150-185	5.50%-5.85%
10-Year	25-30	65%-75%	180-215	5.80%-6.15%
15-Year	25-30	65%-75%	180-215	5.80%-6.15%
15-20 Year	Fully Amortizing	65%-75%	180-215	5.80%-6.15%
C M B S
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	30	65%-75%	335-395	7.15%-7.75%
10-Year	30	65%-75%	270-320	6.65%-7.15%