We live in very interesting times! To recap on my post from yesterday, the 10 Year Treasury Note just hit 2.887% (yet lower). A report published today by senior economics reporter Greg Robb states, “Fed still likely to raise interest rates in December, economists say — even as stock market gyrates.” I will reiterate, if you’re in the market to purchase or refinance NOW is the best time to move-forward before another rate hike!
Loan Brook, Inc. is a market leader in structuring financing for 1-4 unit residential and commercial Real Estate. We specialize in conventional, portfolio and private money lending. We also offer reverse mortgage options, asset depletion and stated income financing scenarios for well qualified borrowers. Call our office at 818.697.8220 for a quick quote! 🙂