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		3.05%
7-Year Treasury		2.97%
10-Year Treasury		2.88%
30-Day Avg. SOFR		2.03%
Multifamily
FREDDIE MAC—CONVENTIONAL
TERM	LTV	DSCR	SPREAD	RATE*
15-Year	65%	1.35x	165-195	4.55%-4.85%
12-Year	65%	1.35x	165-195	4.55%-4.85%
10-Year	55%	1.55x	135-165	4.25%-4.55%
10-Year	65%	1.35x	155-185	4.45%-4.75%
10-Year	80%	1.25x	170-200	4.60%-4.90%
7-Year	55%	1.55x	145-175	4.40%-4.70%
7-Year	65%	1.35x	165-195	4.60%-4.90%
7-Year	80%	1.25x	180-210	4.75%-5.05%
10-Year ARM	80%	1.25x	210-240	4.15%-4.45%
FANNIE MAE—CONVENTIONAL
TERM	LTV	DSCR	SPREAD	RATE*
15-Year	65%	1.35x	195-245	4.85%-5.35%
12-Year	65%	1.35x	175-225	4.65%-5.15%
10-Year	55%	1.55x	135-185	4.25%-4.75%
10-Year	65%	1.35x	155-205	4.45%-4.95%
10-Year	80%	1.25x	175-225	4.65%-5.15%
7-Year	55%	1.55x	140-190	4.35%-4.85%
7-Year	65%	1.35x	160-210	4.55%-5.05%
7-Year	80%	1.25x	180-230	4.75%-5.25%
10-Year ARM	75%	1.00x	270-300	4.75%-5.05%
LIFE COMPANIES
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	25-30	65%-75%	160-200	4.65%-5.05%
10-Year	25-30	50%-65%	150-175	4.40%-4.65%
10-Year	25-30	65%-75%	170-200	4.60%-4.90%
15-Year	25-30	65%-75%	170-200	4.60%-4.90%
15-20 Year	Fully Amortizing	65%-75%	170-200	4.60%-4.90%
FHA—221( d ) CONSTRUCTION/PERMANENT
TERM	AMORTIZATION	LTV	DSCR	RATE*
40	40	85%	1.176x	4.75%
FHA—223( f ) REFINANCING
TERM	AMORTIZATION	LTV	DSCR	RATE*
35	35	85%	1.176x	4.25%
C M B S
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	30	65%-75%	325-360	6.30%-6.65%
10-Year	30	65%-75%	210-250	5.00%-5.40%
Commercial
LIFE COMPANIES
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	25-30	65%-75%	170-210	4.75%-5.15%
10-Year	25-30	50%-65%	160-180	4.50%-4.70%
10-Year	25-30	65%-75%	180-210	4.70%-5.00%
15-Year	25-30	65%-75%	180-210	4.70%-5.00%
15-20 Year	Fully Amortizing	65%-75%	180-210	4.70%-5.00%
C M B S
TERM	AMORTIZATION	LTV	SPREAD	RATE*
5-Year	30	65%-75%	330-370	6.35%-6.75%
10-Year	30	65%-75%	215-255	5.05%-5.45%