Apr 27, 2020
LIBOR (London Interbank Offer Rate) is a very popular index that
many adjustable rate mortgages are based on. Many residential and
commercial mortgages are based on this index. When the LIBOR index
goes down; the all-in interest rate goes lower. Lower interest rate
means a lower debt service. With many other indexes down; how come
the LIBOR index is still relatively high? JP Conklin with Pensford
Financial is an expert in interest rates. He gives us a breakdown
on where rates are today and where they are going…(or NOT GOING).
You want to listen to this.
To contact JP Conklin: pensford.com
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Are you interested in learning more about how Multifamily
Syndications work? Please visit www.spiadvisory.com to learn more
about Michael Becker’s Real Estate Syndication business with SPI
Advisory LLC.