🏠 Treasury Yield Updates
5-Yr UST Yield: 3.816% > 3.931%
10-Yr UST Yield: 4.222% > 4.318%
Why is this important?
- Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction.
📈 Industry Headline
• Property Tax Burdens: With New York City imploring an increase in property taxes, this article takes a look at the burdens that come with… 📘 What You Should Know (Opinion)
Capital Is Available, But Underwriting Is More Disciplined
Private lenders are still actively funding deals, but they’re leaning harder into:
- conservative leverage
- realistic renovation timelines
- stronger borrower liquidity
- cleaner exit strategies
The money is there, but weak assumptions are getting filtered out faster.