Jumbo Money Market Rates

A month ago we were able to identify the commercial mortgage with excellent credit in the mid 5's low 6, even though Treasuries have actually declined since then, money has got a lot more rare if the banks are paying more for borrowers, the supply and demand simple. The rates have actually gone to the mid-high 6s to low 7s on the good credit now. This is what the market gives. I know most of our commercial loans are jumbo, but lack of money will affect runoff and residential lending markets and even if rates and treasuries will diminish in future, the rate loans will up again ... all about supply and demand.

AMEN! People can wait if they want, but rates arent down for a while. Inflation is up, the recession is almost inevitable, and investors demand higher yields because of the increased risk that mortgages are at this time. Sorry, but rates are rising and there is no end in sight yet.