๐ Treasury Yield Updates
5-Yr UST Yield: 3.931% > 3.962%
10-Yr UST Yield: 4.318% 4.324%
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.
๐ Industry Headline
โข Sellers Slash Prices: Sellers may be getting ahead of competition and cutting home sale prices before the spring season catches up ๐ What You Should Know (Opinion)
Refinancing is harder than it used to be
Many investors plan:
buy with private money โ renovate โ refinance into long-term loan
That still worksโbut underwriting is tighter now.
So you need:
- enough equity after rehab
- strong appraised value
- stable income if refinancing into a DSCR loan
๐ Donโt assume refinance will be automatic.