Don’t panic over the recent rise in rates. German 10 Year Bund has risen from .40 to .80 bps in two weeks! Greece and Europe still have major headwinds. The June Fed rate increase talked about for a year, is highly unlikely to occur even as unemployment continues to improve.
More detailed update to follow in the coming days. Interest rates are still very favorable as real estate lending continues to heat up. Always available to assist as needed to secure the best financing for your project.
CEO Of Empyrean Funding, INC.
Jacob Yadegar, CEO of Empyrean Funding & Management, INC., has been in the mortgage and loan industry for 20 + years. He is extremely passionate about his career and making sure his clients get the best service in the business. He has contributed greatly to many of his clients’ success stories.
His irrefutable devotion to his company, along with his experience and expertise, make Empyrean Funding a valuable leader in the mortgage industry.
Jacob also is the writer of the blog, “Money Matters”, where he shares his financial advice and tips with the world.