Updated 21 days ago on . Most recent reply
🏘️ As mortgage rates drop multi family investment opportunities will accelerate
The 10 Year Treasury Yield dropped to 4% and some analysts are anticipating 3-4 rate cuts before the end of the year towards a 'target' of +/- 2.75%
Lower borrowing rates equal increased cash flow, return and refinance opportunities.
In Oregon, multi family transactional pace has been slower the past few years, the one significant complex (24 units in Eugene) we helped negotiate was a mortgage assumption of a pandemic era credit union mortgage but expect demand and incentive to pick up dramatically as rates decline.
Our suggestion to any multi family or commercial investors that have been on the fence or waiting to refinance is to begin to get your ducks in a row and opening your buy box as typically larger multi family or commercial transactions can take 90+ days to close.
Our fearless forecast is that the next 2-3 years will bring near historically low mortgage rates as part of the Administration's - notably Fed nominee Stephen Miran's proposed monetary and interest rate policy.
- AJ Wong
- 541-800-0455
