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- Zachary Wharton
Agency ARM and interest rate cap update
The Agencies are on track to transition to SOFR as an index for floating-rate loans by EOY. Applications for SOFR indexed loans may be seen as early as this month. Liquidity of SOFR interest rate caps is limited but Chatham is optimistic that they will be available for closing these loans.
- Real Estate
- Post Date
- Aug 3, 2020
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