The Matthews Podcast – Episode #13
The Inside Scoop on Commercial Real Estate Loans: Understanding Rate Locks
In this episode of The Matthews podcast, your host Cliff Carnes is joined by Matthews’ Capital Markets expert Chad Plumly. This episode delves into commercial real estate loan rate locks and how borrowers can make informed decisions when entering rate lock agreements. Chad shares insights into market conditions that affect interest rates, factors that influence rate lock decisions, and tips for borrowers to protect themselves during the loan closing process.
The main topics covered include how market dynamics are affecting borrowers and their rates, situations where borrowers might choose not to pursue a rate lock agreement, and the importance of working with reputable lenders and institutions during the loan process.
Podcast Breakdown
1:21 — Brief overview of what a rate lock is and why it’s important in the lending process
5:55 — What happens if you lock your rate and then rates drop
7:15 — What steps can you take to protect yourself as a borrower
8:27 — What do rates look like today, and how are rate locks leveraged in commercial real estate depending on project or property type
11:00 — What factors influence the rate at which borrowers lock in for commercial real estate loans
12:37 — How does the volatility help determine the interest rates of a commercial loan
15:22 — What advice would you give to borrowers considering locking a mortgage rate? And how can they ensure they are getting the best possible deal
